Democratic leaders personally say that President Biden has stopped doing too much too soon to try to break through what is the biggest social expansion in American history.
Important reason: When Biden proposed it, he set his mind on achieving the transformation that would put him in the FDR and JFK Pantheon.
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Democrats, who manage two branches of the government, saw a once-in-a-lifetime opening. In retrospect, some top advisors say this should have been done in smaller chunks.
White House External Advisor “The reality is set in that you can’t pass a $ 3.5 trillion package. It will shrink. The question is whether it can be done this year.”
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In branding Some Democrats’ wishes began a few months ago, White House Chief of Staff Ron Klain Said September 15th at the SALT Financial Conference in New York: “BuildBackBetter has zero net cost.”
$ 3.5 trillion price tag In addition to the 10-year cost of Biden’s infrastructure plan, it covers large-scale social spending, including all pre-kindergartens aged 3 and 4, and a 2-year tuition-free community college.
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Biden must show The left councilor who is with him on such topics when he is being pulled to the right by immigrants.
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suggestion It was always the first bid. The White House points out that the final numbers are still under negotiation.
But a big number It’s a nearly universal way of getting stuck and explaining Biden’s plans.
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New York Times’ David Leonhard Said At CNN earlier this month, the price “embosses the political weaknesses of the Biden administration. It’s like a jumble of things that couldn’t be sold otherwise.” Said.
White House He points out polls showing that Build Back Better components are popular, highlighting $ 3.5 trillion as the “total investment” paid by the tax hike.
White House Press Secretary Andrew Bates told us:
“Americans overwhelmingly support the Buildback Better Act, because all its policy through-lines ensure that our economy reaches middle-class families as well as top families. That’s because the bill’s price tag is $ 0 because it’s paid, because it adds nothing to the debt by ending the failed, special tax giveaway for the wealthiest taxpayers and large corporations. Because I don’t. “”
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