Social Plan Promoted by Joe Biden Will Be Less Than the 3.5 Billion Dollars

Social Plan Promoted by Joe Biden Will Be Less Than the 3.5 Billion Dollars

The Democratic Party recognized that the social plan promoted by Joe Biden will be less than the 3.5 billion dollars proposed by the US president.

Nancy Pelosi, president of the House of Representatives, assured, however, that the bloc will achieve “the necessary numbers” for the ambitious project to go ahead

In this sense, the president of the United States House of Representatives, the Democrat Nancy Pelosi , expressed herself in an interview with the ABC television network when asked about the doubts raised before the voluminous legislative package within the Democratic caucus itself and that the progressives want to pass before the end of the month.

The Democratic leader noted that “it seems obvious” that it will be less than the 3.5 trillion proposed by President Biden in order to have the backing of the moderate wing of the party.

However, he indicated that “even those who want a lower figure support the vision” of the president.

“That was the number that the Senate and the president sent us. Obviously, with the negotiation, there have to be some changes, the sooner the better, so that we can build our consensus to move forward, “he said.

The ambitious social spending plan, designed to be disbursed over a decade , seeks to expand health coverage, fight poverty, implement measures against the climate crisis, guarantee public education for children under the age of five and invest in public housing, among other initiatives.

To finance it, Democrats have proposed a tax hike on the nation’s richest and big business , to collect $ 2.9 trillion over 10 years.

Pelosi assured that, despite some voices in the more moderate wing of the party who consider the package excessive and oppose some of the abrupt tax increases, the plan will finally be approved and described the legislation as “transformative.”

“You can not choose the date, you have to go when you have the votes in a reasonable time and we will do that (…) I will never take a bill that does not have the votes,” said the Democratic official, and affirmed: “We will achieve the numbers needed ”for the plan to go ahead.

The House of Representatives is expected to vote on the proposal this week.

Nancy Pelosi
Nancy Pelosi affirmed that they will have enough votes in Congress

Afterward, Democratic leaders will have to negotiate with the more moderate members of their party, such as Senators Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, to reach a final agreement.

To address this issue, Biden invited Pelosi and Senate Majority Leader Chuck Shumer to the White House this week ; and subsequently met with members of the moderate faction, including Manchin and Sinema.

The measure passed the Senate with the support of Democrats and Republicans on August 10, and will help fund projects to build roads, bridges, airports, schools and more. It is also key to the success of Biden’s economic agenda.

US MPs are making a busy comeback this week, with three crucial bills for the president: a $ 1.2 trillion infrastructure investment plan, $ 3.5 trillion social reforms and a financing bill to avoid a “ closure ”, the paralysis of federal services.

With the support of both Democrats and Republicans, the first infrastructure component was approved by the Senate in August and Pelosi had promised to put it to a vote in the House of Representatives “before September 27.”

Ben Oakley
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