Joe Biden Begs Democrat Left to Pass Infrastructure Without Entitlement Bill After ‘Two Track’ Strategy FailsCharlie Spiering 28 Oct 2021
President Joe Biden traveled to Capitol Hill on Thursday morning, to meet with House Democrats before he leaves for Europe.
The president planned urge the leftist “progressive” caucus to vote for the infrastructure deal, according to reports, with a promise that he will work out a deal on his nearly two trillion entitlement bill later.
That’s proposal faces long odds among the left, who continue blocking the infrastructure deal until they get the more expensive entitlement bill through Congress.
Biden will later address the country about his failure to reach a deal with his own party and will outline a path forward.
The president’s revised proposal for Democrats will spend $1.85 trillion, according to details shared by the White House.
The proposal asks for $400 billion on free childcare and preschool, $150 billion on elder care, $200 billion on the child tax credit and earned income tax credit, and $555 billion on climate change priorities and clean energy subsidies. Biden would also spend $130 billion on expanding Obamacare and $35 billion to add hearing coverage to Medicare.
Joe Biden releases a chart of his revised framework for his massive domestic entitlement bill
To pay for the bill, Biden proposes a number of options, including a 15 percent corporate minimum tax, a stock buybacks tax, and various other attempts to close tax loopholes for the wealthy. The White House claims the new proposals could raise “up to a total of” $1.995 trillion.
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https://www.breitbart.com/politics/2021/10/28/joe-biden-begs-democrat-left-to-pass-infrastructure-without-entitlement-bill-after-two-track-strategy-fails/
