Before departing for Rome, President Joe Biden spoke at the White House and said that while no one got everything they wanted, the $1.75 trillion social welfare spending framework he proposed on Friday.

- Joe Biden announced Thursday that he had reached a deal with Senate Democratic holdouts on the outlines of a $1.75 trillion social spending and climate bill.
- The product of months of tense negotiations between moderate and progressive lawmakers in his party, the new framework contains more details than anything else the White House has released thus far.
- Senior administration officials said early Thursday morning that Biden was “confident this framework will win the vote of every Democratic senator.”
- But that confidence was shaken when none of the three senators in whose hands the fate of the plan lies — progressive standard bearer Bernie Sanders of Vermont and centrists Joe Manchin, W.Va. and Kyrsten Sinema, Ariz. — publicly committed to voting for the current framework.
- On the contrary, they all appeared to view the framework as an evolving proposal, not a final, ironclad deal.
- The current framework is far smaller than Biden’s original $3.5 trillion proposal, and it has not been written into legislative language yet.
- Still, the package contains a wide-ranging set of programs that, if enacted, will profoundly impact the lives of families with children, low-income Americans and the renewable energy economy.
SOURCE: CNBC

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