Biden defends his social agenda bill, saying the cost will be zero
It's not "zero cost" if somebody's being handed the bill.
Politics
Biden defends his social agenda bill, saying the cost will be zero
By Seung Min Kim and Tony Romm
Yesterday at 4:15 p.m. EDT
President Biden promised Friday that his sweeping domestic agenda package will cost nothing because Democrats will pay for it through tax hikes on the wealthy and corporations, a show of confidence despite the struggles of congressional Democrats to bridge internal divisions on myriad issues.
The remarks were an attempt by Biden to assuage some of the cost concerns pointedly expressed by the moderate Democrats about the size of the legislation composed of significant investments in health care, climate, education and the social safety net as the bills fate teeters on Capitol Hill.
The total spending outlined in the plan is $3.5 trillion, but moderates such as Sens. Joe Manchin III (D-W.Va.) and Kyrsten Sinema (D-Ariz.) have said they will not support so high a figure. Support from both senators is needed because the Senates 50-50 split means every Democrat must back the bill for it to pass.
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By Seung Min Kim
Seung Min Kim is a White House reporter for The Washington Post, covering the Biden administration and its relationship with Capitol Hill. Before joining The Post in 2018, she spent more than eight years at Politico, primarily covering the Senate and immigration policy. Twitter
https://twitter.com/seungminkim
By Tony Romm
Tony Romm is the congressional economic policy reporter at The Washington Post. Twitter
https://twitter.com/tonyromm