In budget turning point, Biden conceding smaller price tag

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There has been no agreement on a final figure, and plenty of other unanswered questions — plus the possibility of failure — remain.

WASHINGTON — President Joe Biden and congressional Democrats' push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers flashing potential signs of flexibility.

Crucial unresolved matters include how to getto vote for a measure they've spent months fighting over and that Republicans will solidly oppose, and whether the shrunken price tag would be reached by dropping some proposals or by keeping most but at lower cost or shorter duration. Asked if there would be “means testing,” or limits on the incomes of people who would qualify for initiatives, the president said, "Sure.” Some moderates have wanted to impose such limits on some programs.

In addition, progressive Rep. Pramila Jayapal, D-Wash., said during Monday's virtual meeting with Biden that she wanted $2.5 trillion to $2.9 trillion, The Washington Post reported Tuesday. Jayapal leads the nearly 100-member Congressional Progressive Caucus. That Medicare expansion, which also includes new coverage for hearing and vision, is competing for money against other proposals to expand Medicaid coverage and to extend bigger tax credits for people buying health insurance under President Barack Obama's health care law.

 

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