U.S. President Joe Biden declared Thursday he has reached a 'historic economic framework' with Democrats in Congress on his sweeping domestic policy package, a hard-fought yet dramatically scaled-back deal announced hours before he departs for overseas summits.
WASHINGTON -- U.S. President Joe Biden declared Thursday he has reached a "historic economic framework" with Democrats in Congress on his sweeping domestic policy package, a hard-fought yet dramatically scaled-back deal announced hours before he departs for overseas summits.
"I need your votes," Biden told the lawmakers earlier, according to a person who requested anonymity to discuss the private remarks. There's also a one-year extension of a child care tax credit that was put in place during the COVID-19 rescue and new child care subsidies. An additional $100 billion to bolster the immigration and border processing system could boost the overall package to $1.85 trillion if it clears Senate rules.
Taking form after months of negotiations, Biden's emerging bill would still be among the most sweeping of its kind in a generation, modeled on the New Deal and Great Society programs. The White House calls it the largest-ever investment in climate change and the biggest improvement to the nation's healthcare system in more than a decade.
At one point, Biden "asked for a spirited enthusiastic vote on his plan," said Rep. Richard Neal, D-Mass. But the framework is not yet the full legislative text, which lawmakers and aides cautioned has not yet been agreed to by the lawmakers. In the divided Senate, Biden needs all Democrats' support with no votes to spare. The House is similarly split with just a few vote margin.
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