Democrats agree to a $ 3.5 trillion budget reconciliation

Democrats agree to a $ 3.5 trillion budget reconciliation

Democrats agree to a $ 3.5 trillion budget reconciliation

Senate Majority Leader Chuck Schumer (D-NY) and Senate Budget Committee Democrats announced an agreement on a total spending of $ 3.5 billion for their budget reconciliation package. Role call reports.

Schumer said: “We are very proud of this plan. We know we have a long way to go. “

Washington Post: “The wide range of planned health, education and social programs, if adopted, would represent a historic explosion in federal spending, as lawmakers from the party led by President Biden seek to leverage their slim but powerful majorities in Washington to expand government footprint and catalyze major changes in the economy. Democrats plan to engineer their bill so that it can pass the Senate without Republican support. “

Wall street journal: “The legislation is also expected to ultimately include a series of tax increases on corporations and wealthy Americans.”

New York Times: “Details on the scheme were scant on Tuesday night, as many of the details of the legislative package will be defined after the plan is adopted.”

Democrats agree to a $ 3.5 trillion budget reconciliation

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