Senate Democrats announce agreement on $3.5 trillion top line for sweeping budget package - News Summed Up

Senate Democrats announce agreement on $3.5 trillion top line for sweeping budget package


(CNN) Senate Democrats on the Budget Committee announced late Tuesday they struck an agreement on a $3.5 trillion budget resolution that includes spending for President Joe Biden's sweeping social agenda -- and would be a first step toward unlocking their ability to pass their own infrastructure bill later this year. It's still unclear if the proposal of $3.5 trillion can earn the support of moderates who have made clear they have deep reservations about spending trillions more after a year of emergency relief spending during the coronavirus pandemic . Schumer on Tuesday said that the legislation will eventually have the 50 votes needed to pass the Senate. "The budget resolution with instructions will be $3.5 trillion. "Every major program that President Biden has asked us for is funded in a robust way."


Source: CNN July 14, 2021 01:49 UTC



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