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Biden Bets on Economic-Plan Win as Democrats Struggle to Deliver

  • President’s $4 trillion agenda hits more hurdles in Congress
  • September deadline for action seen increasingly at risk
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WATCH: Labor Secretary Walsh says it’s important to keep talking to Democratic Senator Manchin about passing President Biden’s $3.5 trillion tax and spending package.(Source: Bloomberg)

President Joe Biden needs Democrats in Congress to give him a political boost by passing his $4 trillion economic agenda, but deepening divisions in the party threaten the chances of that happening any time soon.

Lawmakers are attempting to craft one of the most complex tax and spending bills ever contemplated, with virtually no area of the budget or tax code left untouched, during just a handful of work days this month.