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Biden Turns Up Pressure on Democrats Balking at Spending Bill

  • Biden to push for lower drug prices after failed House vote
  • White House courting moderates in bid to pass package
Bloomberg business news
WATCH: President Biden says the country is at an inflection point.Source: Bloomberg)
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President Joe Biden ratcheted up pressure on congressional Democrats on Thursday, as discord within the party threatened to derail key pieces of his economic agenda, including lowering prescription drug prices and some of his proposed tax hikes on the wealthiest Americans.

“For a long time, this economy’s worked great for those at the very top,” Biden said in a speech Thursday at the White House. “This our moment to deal working people back into the economy.”