Pelosi Steers Party Toward Biden Agenda With 'Fewer Things' [View all]
Source: Bloomberg
Fractious Democrats are grappling with how to fit their priorities into a shrunken tax and spending bill, and House Speaker Nancy Pelosi is signaling that President Joe Biden’s signature plan will be scaled back by focusing on fewer, well-executed programs.
“We have some important decisions to make in the next few days so that we can proceed,” Pelosi said Tuesday at a news conference. “If there are fewer dollars to be spent, there are choices to be made.”
Democrats must slim down a bill worth at least $3.5 trillion that was crafted by House committees last month to roughly $2 trillion -- a figure Biden has floated as a potential compromise between progressives pushing for more and West Virginia Democrat Senator Joe Manchin, a moderate who says he supports a number closer to $1.5 trillion.
Pelosi said she is “very disappointed” the level of spending will be less than $3.5 trillion.
Read more: https://www.msn.com/en-us/news/politics/pelosi-steers-democrats-toward-biden-agenda-with-e2-80-98fewer-things-e2-80-99/ar-AAPqozr?ocid=uxbndlbing
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