U.S. Senate Narrowly Passes Biden’s $3.5 Trillion Budget Plan

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on pocket
Pocket
Share on whatsapp
WhatsApp
U.S. Senate Narrowly Passes Biden’s .5 Trillion Budget Plan

Topline

The U.S. Senate narrowly passed a $3.5 trillion spending blueprint along party lines early on Wednesday after a marathon voting session, in a major step forward for Democrats’ plan to enact sweeping expansions of the various social security, health care and climate change measures while increasing taxes on wealthy Americans and corporations.

Key Facts

The blueprint, which could allow Democrats to put in motion the biggest social security expansion in decades while also funding climate change measures, faces a challenging road ahead in the House.

The passage of the blueprint in the House will require progressive and moderate Democrats to work together as lawmakers return early from a scheduled summer recess later this month.

This is a developing story.

Source link

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on pocket
Pocket
Share on whatsapp
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Recent News

Editor's Pick