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What we know so far about the $3.5 trillion budget deal

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Top Senate Democrats on Wednesday pitched their colleagues on a $3.5 trillion budget resolution that would pave the way to pass a wide-ranging …
Top Senate Democrats on Wednesday pitched their colleagues on a $3.5 trillion budget resolution that would pave the way to pass a wide-ranging spending package without any Republican votes. Senate Majority Leader Charles Schumer (D-N.Y.), Senate Budget Committee Chairman Bernie Sanders (I-Vt.) and Sen. Mark Warner (D-Va.), a key moderate, presented the proposal to the Democratic caucus. Senate Democrats still need to hammer out some of the details, and legislative text has yet to be released. They also need to get all 50 members of their caucus on board with the proposal for it to pass without GOP support. Schumer has said he wants the Senate to pass a budget resolution before the August recess, as well as a bipartisan infrastructure measure that would include $579 billion in new spending. Here’s what we know so far about the $3.5 trillion budget agreement. It reflects Biden’s proposals aimed at helping families The budget proposal would give Democrats the ability to pursue many of the social spending programs that President Biden outlined earlier this year in his $1.8 trillion American Families Plan. It would support spending on items such as universal pre-K, paid family and medical leave and nutrition assistance, according to a senior Democratic aide. The measure also would allow Democrats to seek extensions of tax-credit expansions established by the $1.9 trillion coronavirus relief law that Biden enacted in March, the aide said.

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