WASHINGTON: The White House raced on Wednesday to lock down a deal on Joe Biden's sweeping economic agenda with the president desperate to take some big domestic wins with him on a trip to meet global leaders in Europe.
But leftist lawmakers have made clear they will block the Senate-approved cross-party bill until a text is agreed on the final version of Biden's other major priority - a behemoth social spending package aiming to build a fairer economy.
Senate Majority Leader Chuck Schumer said an agreement was"within arm's length," specifying that he was hopeful of a framework agreement emerging by the end of the day. But Democrats have yet to reach consensus on a slew of issues including taxes, paid family leave, prescription drug pricing and expanding health care coverage for the elderly and low-income Americans - a deal breaker for many progressives.
The tax would bring in an estimated US$300 billion, around a fifth of the expected compromise cost of Build Back Better.
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