Schumer, Pelosi announce tentative revenue deal for Biden's social agenda

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Schumer, Pelosi announce tentative revenue deal for Biden's social agenda
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Senate Majority Leader Chuck Schumer announced an agreement between House and Senate Democrats on a framework that will pay for any ‘final negotiated agreement’ for President Biden's social spending agenda

Senate Majority Leader Chuck Schumer and House of Representatives Speaker Nancy Pelosi portrayed it as a step forward for Biden's proposed $3.5 trillion social spending plan, which Democrats hope to pass without Republican help.

Neither she nor Schumer offered details about the agreement or the overall price of the legislative package. Other Democrats said they were not aware of the deal. Democratic moderates and progressives have sparred over the scale of the president's spending plan, as well as a $1 trillion bipartisan infrastructure bill that the House is due to consider on Monday.Senate Majority Leader Chuck Schumer finishes making a statement in attendance with Treasury Secretary Janet Yellen and U.S. House Speaker Nancy Pelosi before the start of Pelosi's weekly news conference on Capitol Hill in Washington, U.S., September 23, 2021.

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