Biden Preps Liberals for Letdown on Narrowed Economic Plan (1)

Oct. 28, 2021, 1:33 PM UTC

While the White House scrambles for a deal with Congress on its economic agenda, President Joe Biden and top aides have put almost as much time into preparing progressives to get far less than they wanted from his tax-and-spending plan.

The message from the president, Vice President Kamala Harris and top aides to groups like the Congressional Black Caucus and Women’s Caucus and key individual lawmakers such as Senator Bernie Sanders has been: a lesser bill is better than no bill at all.

The White House released a framework for the plan on Thursday that eliminated many provisions dear to ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.