• Home
  • Interviews
  • Business Wisdom
  • Tech & Business
  • Business News
  • Economy
  • Community
  • Login
ValiantCEO
  • Home
  • Interviews
  • Business Wisdom
  • Tech & Business
  • Business News
  • Economy
  • Community
No Result
View All Result
ValiantCEO
  • Home
  • Interviews
  • Business Wisdom
  • Tech & Business
  • Business News
  • Economy
  • Community
No Result
View All Result
valiant
No Result
View All Result

Democrats Agree to $3.5 Trillion Budget to Advance With Infrastructure Deal

Jarvis Dobrik by Jarvis Dobrik
July 14, 2021
in Economy
Democrats Agree to $3.5 Trillion Budget to Advance With Infrastructure Deal

[ad_1]

WASHINGTON — Top Democrats announced on Tuesday evening that they had reached agreement on an expansive $3.5 trillion budget blueprint, including money to address climate change, expand Medicare and fulfill other Democratic priorities, that they plan to advance alongside a bipartisan infrastructure deal.

Combined with nearly $600 billion in new spending on physical infrastructure contained in the bipartisan plan, which omits many of Democrats’ highest ambitions, the measure is intended to deliver on President Biden’s $4 trillion economic proposal. The budget blueprint, dominated by spending, tax increases and programs that Republican oppose, would pave the way for a Democrats-only bill that leaders plan to push through Congress using a process known as reconciliation, which shields it from a filibuster.

Mr. Biden is set to attend lunch on Wednesday with Democrats, his first in-person lunch with the caucus since taking office, to kick off the effort to turn the tentative outline into a transformative liberal package.

The agreement, reached among Senator Chuck Schumer of New York, the majority leader, and the 11 senators who caucus with the Democrats on the Budget Committee, will need the support of every member of the party and the independents aligned with them to pass over what promises to be unified Republican opposition.

“We are very proud of this plan,” Mr. Schumer said Tuesday night, flanked by the other Democrats. “We know we have a long road to go. We’re going to get this done for the sake of making average Americans’ lives a whole lot better.”

Details about the outline were sparse Tuesday evening, as many of the specifics of the legislative package will be hammered out after the blueprint is adopted. Senator Mark Warner, Democrat of Virginia, said the plan would be fully paid for, though Democrats did not offer specifics about how they planned to do so.

The resolution is expected to include language prohibiting tax increases on small businesses and people making less than $400,000, according to a Democratic aide familiar with the accord, who disclosed details on condition of anonymity. Mr. Schumer said the resolution would call for an expansion of Medicare to provide money for dental, vision and hearing benefits.

[ad_2]

Source link

Previous Post

China reports strong export numbers despite shipping delays.

Next Post

Yellen Makes Case for Ireland to Join Global Tax Deal

Jarvis Dobrik

Jarvis Dobrik

Valuer | Photographer | Writer Motivating the world through Entrepreneurship and Self-Growth Quality over quantity.

Next Post
Yellen Makes Case for Ireland to Join Global Tax Deal

Yellen Makes Case for Ireland to Join Global Tax Deal

Please login to join discussion
What Is ESM?
Tech & Business

What Is ESM?

by Gerard Palmer
May 23, 2022
0

ESM is an acronym for "Enterprise Service Management". It is a type of business process management that aims to streamline...

Read more
How a Systematic Review Works

How a Systematic Review Works

May 23, 2022
Tequila Cousar

Tequila Cousar – Intoxicating Brands – Helping You Find Your Unique Narrative, Setting Yourself Apart

May 22, 2022
Trevor Houston

Trevor Houston – ClearPath Wealth Strategies – Helping You Determine Where You Are Professionally & Financially

May 22, 2022
Andy Paterson

Andy Paterson – Daz & Andy’s Healthy Lollies – Premium Sugar-Free Treats With a Healthy Twist

May 22, 2022

Valiant CEOs & Entrepreneurs Share, Inspire, and Celebrate Outrageously Successful Ethical Businesses and their Leaders.

Contact Us

staff@valiantceo.com

Follow Us

Browse by Category

  • Business News
  • Business Wisdom
  • Interviews
  • Community
  • Tech & Business
  • Economy

Links

  • About us
  • Cookie Policy
  • Editorial Policy
  • Privacy & Policy
  • Contact
  • VIP Author

Recent News

What Is ESM?

What Is ESM?

May 23, 2022
How a Systematic Review Works

How a Systematic Review Works

May 23, 2022

© 2021 ValiantCEO - All rights reserved

No Result
View All Result
  • Home
  • Interviews
  • Business Wisdom
  • Tech & Business
  • Business News
  • Economy
  • Community

© 2021 valiantceo

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In