Harris Says Biden’s Child Tax Credit Will Lift U.S. Children Out of Poverty

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.

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  • In This Story: Bernie Sanders

    Bernard Sanders is an American politician who has served as the junior United States Senator from Vermont since 2007 and as U.S. Representative for the state’s at-large congressional district from 1991 to 2007. He is the longest-serving independent in U.S. congressional history, although he has a close relationship with the Democratic Party, having caucused with House and Senate Democrats for most of his congressional career.

    Sanders unsuccessfully sought the Democratic Party nomination for president of the United States in 2016 and 2020, finishing in second place in both campaigns.

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  • In This Story: Democrats

    “Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.

    It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).

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