Biden’s Economic Plan at Risk of Delays as Democrats Squabble
- Democrats still split on taxes, drug-price rules, other issues
- Moderates, progressives remain at odds over $3.5 trillion plan
This article is for subscribers only.
President Joe Biden’s economic agenda risks getting delayed by weeks or months in Congress with tax, health care and other issues still unresolved and continued squabbling between the Democratic Party’s progressive and moderate wings.
House committees on Wednesday wrapped up work on significant portions of the package, including $2.1 trillion in tax increases to help pay for the biggest expansion of social welfare programs in decades. That technically meets the Democrats’ self-imposed deadline, but the action belies the obstacles still ahead that threaten to diminish Biden’s ambitious proposals and put off votes on them in the House and Senate.