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CEO NA Magazine > News > Congress close to a deal on Biden spending plan: Pelosi

Congress close to a deal on Biden spending plan: Pelosi

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Congress close to a deal on Biden spending plan: Pelosi
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House Speaker Nancy Pelosi said Sunday that Democrats are close to finalizing an agreement on the social safety net plan that would allow for the bipartisan infrastructure bill to move forward.

“We have 90% of the bill agreed to and written, we just have some of the last decisions to be made,” Pelosi said on CNN’s “State of the Union.”

Leading Democrats have held a slew of talks in recent days to try and get centrists and progressives to reach a consensus on the sprawling plan to invest in child care, paid leave, education, health care and climate policy. The party still has to resolve disputes such as what to include in the package and how to pay for it.

Democrats have already had to cut the cost of the plan from $3.5 trillion to $2 trillion or less, as part of an effort to appease centrists.

“It is less than what was projected to begin with, but it is still bigger than anything we’ve done in terms of addressing the needs of American working families,” Pelosi said. “(The) point is to reach a goal.”

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