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applegrove

(118,503 posts)
Fri Sep 24, 2021, 08:43 PM Sep 2021

How Democrats Could Shrink Their $3.5 Trillion Budget Bill

How Democrats Could Shrink Their $3.5 Trillion Budget Bill

Here are three options to shrink down the Democrats’ climate change and social welfare bill as moderates demand less spending and smaller tax hikes to pay for it.

https://www.nytimes.com/2021/09/24/us/politics/democrats-social-welfare-climate-change-bill.html

By Jonathan Weisman and Emily Cochrane at the NY Times

Sept. 24, 2021, 6:44 p.m. ET

"SNIP......

WASHINGTON — As Democratic leaders struggle to unite their caucus behind a sprawling domestic policy package, it is increasingly clear the $3.5 trillion in spending and tax increases will have to be pared back, possibly by a lot, to make it to President Biden’s desk.

That will involve difficult choices for a party fractured by mistrust and competing priorities. But in a package that is intended to shape every facet of American life, including public education, health care and the environment, there is room for agreement, even in a thinly divided Congress.

Here are three possible scenarios for how to structure a final deal.

A slightly scaled-back plan that uses budget tricks to hold down the cost.

Senator Bernie Sanders, the Vermont independent and chairman of the Senate Budget Committee, initially urged his colleagues to embrace spending as much as $6 trillion over 10 years as they began drafting the bill.

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brush

(53,745 posts)
6. 900 Hundred billion or 1.5T isn't going to cut it with the progressives. It's gonna...
Sat Sep 25, 2021, 12:52 AM
Sep 2021

have to be more as the 3.5T was already a cut from 6.0T.

 

wellst0nev0ter

(7,509 posts)
5. It's up to the moderates to stop dancing around
Sat Sep 25, 2021, 12:45 AM
Sep 2021

And tell us what they want to cut. Otherwise both bills go down.

WHITT

(2,868 posts)
7. Yep
Sat Sep 25, 2021, 12:57 AM
Sep 2021

The corporate Dems won't produce an alternative plan or say what they would cut from Sanders proposal. They want to kill the tax increases on the Rich & Corporate, but without leaving any fingerprints.

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