Pivotal Democrats took a neutral stance on a new $3.5 trillion budget agreement, saying they needed to review details of a sweeping plan to fund expanded access to preschool and affordable child care, broader Medicare benefits and other programs
, broader Medicare benefits and programs aimed at combating poverty and climate change.
Senate Majority Leader Chuck Schumer and Democratic members of the Budget Committee on Tuesday night announced the $3.5 trillion agreement, which will be used to craft a budget resolution setting the parameters of legislation containing much of President Biden’s legislative agenda.
The $3.5 trillion agreement was bigger than some centrist Democrats had sought, but marked a softening in the stance of Senate Budget Committee Chairman Bernie Sanders , who. Many moderate Senate Democrats, including Sens. Jon Tester of Montana, Jeanne Shaheen of New Hampshire and Kyrsten Sinema of Arizona, said they were still reviewing details of the agreement. Sen.
The bill is expected to include broad tax credits for clean energy investments and liberal Democrats are pressing to end subsidies for fossil fuels.
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