Bloomberg Quicktake: Now published this video item, entitled “Harris Says Biden’s Child Tax Credit Will Lift U.S. Children Out of Poverty” – below is their description.
President Joe Biden’s agenda got a boost with Senate Democratic leaders outlining plans for more than $4 trillion in domestic programs, but enactment hinges on negotiating details on Medicare, taxes, immigration and infrastructure that have confounded Congress for a generation.
The Senate is moving forward with a two-pronged approach to enacting Biden’s agenda, a $3.5 trillion tax and social spending plan, backed only by Democrats, and a $579 billion bipartisan infrastructure bill.
Democrats on Wednesday celebrated agreement on the broad outline of a 10-year budget proposal that bridges, at least on the surface, the gulf between a $6 trillion proposal from Vermont Independent Bernie Sanders, a progressive who chairs the Senate Budget Committee, and moderates including Virginia Senator Mark Warner, who insisted on a more modest plan that wouldn’t swell the national debt.Bloomberg Quicktake: Now YouTube Channel
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