Paid Family Leave And Free Community College Are Cut From Biden's $1.85 Trillion Plan Via ForbesAdvisor
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.After months of chaotic negotiations, President Joe Biden has released a new framework for the reconciliation bill—and what would have been historic programs such as paid family leave and free community college got the axe.
The new framework still includes important investments for working families, including universal preschool, capping child care costs at 7% of income for families earning up to 250% of state median income andThe coronavirus pandemic exacerbated the need for paid leave as families were forced to choose between paychecks and caring for sick loved ones or children.
Higher education costs are skyrocketing, and free community college was Biden’s attempt at reining in the nation’s broken education system. A bachelor’s degree from a four-year university for in-state students costs an average of $37,640,. Attending community college first to complete prerequisites can be a strategy to rein those costs in.
, pharmaceutical lobbyists and some Democrats, including Senator Krysten Sinema , pushed back on including the drug negotiation provision. Manchin also indicated that Medicare’s long-term finances should be “stabilized” before adding new benefits to the program.Although Biden originally wanted Medicare to cover vision and dental coverage, the two provisions did not make the cut in the new framework for the bill. Instead, it aims to establish a hearing benefit.
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