Kyrsten Sinema, D-Ariz., who has not been on board with her party’s plan to undo President Donald Trump’s tax breaks for big corporations or individuals earning more than $400,000 a year.
On one issue - the taxes to pay for the package - the White House idea seemed to be making headway with a new strategy of abandoning plans for reversing Trump-era tax cutsin favor of an approach that would involve taxing the investment incomes of billionaires to help finance the deal.īiden has faced resistance from key holdouts, in particular Sen. Compromise has become a dirty word, but bipartisanship and compromise still has to be possible,” he said.īiden said the discussions are “down to four or five issues.” Still, he expressed optimism about the process. So you gotta work things out,” he said during a CNN town hall. “When you’re president of the United States, you have 50 Democrats - every one is a president. With an evenly divided Senate, he can’t afford to lose a single vote, and he is navigating the competing demands of progressives, who want major investments in social services, and centrists, who want to see the price tag on the package come down. The changes come as Biden more forcefully appeals to the American public, including in a televised town hall Thursday, for what he says are the middle-class values at the heart of his proposal.īiden mentioned during the evening event the challenge he faces in wrangling the sharply divergent Democratic factions to agree to the final contours of the bill. A broad compromise between the party’s progressives and moderates on the measure’s price tag, revenue sources and basic components could lay the groundwork for final agreements on detailed legislation, leaders hope.ĭemocrats want to reach an accord on the legislation before Biden departs for a trip to Europe late next week. Just a few decisions now,” Pelosi said.ĭemocrats have set an informal goal of agreeing to an outline of the plan by the end of this week. “Much of what we need to do has been written. Pelosi said she hopes the House can start voting on it next week. She told reporters back at the Capitol that more than 90% of the package was agreed to - the climate change components of the bill “are resolved,” but outstanding questions remain on health care provisions. The leaders have been working with party moderates and progressives to shrink the once-$3.5 trillion, 10-year package of social services and climate change strategies to around $2 trillion, pushing for an agreement. WASHINGTON (AP) - President Joe Biden and Congress’ top two Democrats strategized Friday trying to wrap up their giant domestic legislation, as the party continued scaling back the measure and determining ways to pay for it ahead of new deadlines.īiden had breakfast at the White House with House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer joined in a call from New York.
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