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What's in Democrats' $1.75 trillion social spending and climate bill?

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The White House unveiled a new framework for the legislation after protracted negotiation among Democrats.
Washington – After protracted negotiations between congressional Democrats and President Biden over the details of his domestic policy agenda, the White House on Thursday that aims to expand the nation’s social safety net and combat climate change. The cost of the package has been whittled down from its original $3.5 trillion price tag to $1.75 trillion over a decade. Despite the drop in cost, it is opposed by Republicans, so Democrats are trying to enact the plan through a budgetary process called reconciliation, which would allow it to clear the Senate solely with Democratic support. Democratic leaders have spent weeks haggling with their colleagues over the size and scope of the package, working to bridge the gaps between a pair of moderate Democratic Senators, Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, and progressives in the House. But after releasing the trimmed-down framework, President Biden expressed confidence it would win support from all Democrats. Whether the plan does, indeed, garner the backing from all corners of the Democratic Party remains to be seen, as cut from the framework were key priorities for some lawmakers. Here are some of the major items in the framework for the bill, according to the White House, as well as some initiatives that have been dropped over the course of talks. This list will be updated as negotiations continue. and slowing the rate at which Earth warms will mean transitioning away from fossil fuels, the major source of greenhouse gas emissions. The new framework unveiled by the White House contains $555 billion for climate and clean energy investments. As written, the plan would cut more than a gigaton of greenhouse gas emissions by 2030 — a roughly 50% reduction compared to 2005 levels, according to the White House. The legislation would provide tax credits to Americans buying new electric vehicles that could provide up to $12,500 in incentives to some families to drop gas-guzzling vehicles. New tax incentives designed to encourage the installation of solar panels on American homes will also be offered. Manchin objected to a $150 billion «clean electricity performance program» contained in the original proposal, which would pay utility companies that increase their renewable energy supplies by 4% per year and fine companies that don’t hit this benchmark. He has argued that companies are already doing this, so there’s no need to incentivize them to augment their use of renewables. However, climate advocates say private enterprise isn’t moving quickly enough, and this provision would speed up the transition away from fossil fuels. Mr. Biden’s framework includes $400 billion for child care and preschool through programs funded for six years. In addition to expanding access to universal preschool for all 3- and 4-year-olds, the plan also limits child care costs for some families to no more than 7% of income. Parents must adhere to work requirements to qualify. This heavily debated provision would expand Medicare to cover hearing services, but the framework eliminated a proposal for Medicare to also include dental and vision benefits, a key priority for Senator Bernie Sanders.

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