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Biden Team Seeks to Pare Back Economic Agenda in Strategy Shift

  • President travels to try to drum up support from Americans
  • Negotiations last week yielded ill will, postponed votes
Bloomberg business news
WATCH: Progressive Democrats are looking for ways to rescue President Joe Biden’s stalled economic agenda. Bruce Einhorn reports.(Source: Bloomberg)

The White House is trying to broker a deal to scale back Joe Biden’s ambitious economic agenda, weighing liberal policy priorities against centrist concerns about inflation and tax hikes in a recalibration of strategy for the legislation.

The president, meanwhile, is seeking to drum up public support for the plan -- and pressure its opponents -- in trips to political battlegrounds.