Biden lowers price tag of spending bill from $3.5T to no more than $1.9T
District of Columbia | October 21, 2021
President Biden told Democrats during a private meeting Tuesday that he believed they could secure a deal on a new tax-and-spending proposal between $1.75 trillion and $1.9 trillion, far less than some in the party initially sought, even as some lawmakers later maintained it still would allow them to accomplish broad swaths of their vast economic agenda…. (Excerpts from the White House Dossier)