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Biden: Democrats Have Reached a Deal

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$1.75 trillion ain’t $3.5 trillion but it’s something.
BBC sent out a Breaking News alert a few minutes ago reading, “President Biden says Democrats have reached agreement on a $1.75tn domestic spending plan, overcoming a rift in the party.” The related story (“Biden announces revamped $1.75 trillion social spending plan”) is a bit less emphatic: US President Joe Biden unveiled a revamped $1.75tn (£1.27tn) spending plan on Thursday, calling it a historic investment in the country’s future. “No one got everything they wanted, including me,” he said, acknowledging the struggle within his party to reach consensus on a pair of landmark bills. Narrow margins in Congress require nearly unanimous support from the Democrats for the bills to pass.

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