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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDemocrats Roll Out $3.5 Trillion Budget to Fulfill Biden's Broad Agenda
Democrats Roll Out $3.5 Trillion Budget to Fulfill Bidens Broad Agenda
Were going to get a lot done, President Biden said, as Senate Democrats began drafting the details on a social and environmental bill that could yield transformative change.
https://www.nytimes.com/2021/07/14/us/politics/biden-social-spending-deal.html
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Nodding to budget constraints, party leaders conceded that many of the programs including the tax credits could be temporary, leaving a future Congress to decide whether to extend them.
The proposal includes some measures that go beyond what Mr. Biden has envisioned, like expanding Medicare to cover dental, vision and hearing benefits. Democratic leaders also left it to the Senate Finance Committee to decide whether to include a measure that would lower the Medicare eligibility age to 60. That is a priority of Senator Bernie Sanders of Vermont, the Budget Committee chairman.
The plan would also create what would effectively be a tax on imports from countries with high levels of greenhouse gas emissions. That could violate Mr. Bidens pledge not to raise taxes on Americans earning less than $400,000 a year, if the tax is imposed on products such as electronics from China.
Democrats on Mr. Sanderss committee must produce a budget resolution in the coming days that includes so-called reconciliation instructions to other Senate committees. They will in turn draft legislation detailing how the $3.5 trillion would be spent, and how taxes would be raised to pay for it.
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ansible
(1,718 posts)Much of the money for the past 3 stimulus checks didn't even go to the people that actually needed it.
applegrove
(118,696 posts)political system? In canada we were told that if you took covid money under false pretences you would have to pay it back. That works.
brush
(53,791 posts)Dem candidates, policies and the Party. It looks like this is going to get through and will go a long way in helping us in the '22 mid-terms. What with all the infrastructure jobs, green energy planing and family benefits that will come from it. And tomorrow the $250-300 dollar checks per child will start going out from the Relief plan, the previus big bill Biden/Dems have gotten through to help everyday people.
There's a lot to be optimistic about. And also the there's the smaller, traditional infrastructure bill that's supposed to be bipartisan. If that goes through to it's even sweeter. I don't have complete faith in ten republicans voting for that though.