Half its original size, Biden's big plan in race to finish
Proposal is estimated to total at least $1.75 trillion over 10 years, and could still be more
October 27, 2021
WASHINGTON — Half its original size, President Joe Biden's big domestic policy plan is being pulled apart and reconfigured as Democrats edge closer to satisfying their most reluctant colleagues and finishing what's now about a $1.75 trillion package.
How to pay for it all remained deeply in flux Tuesday, with a proposed billionaires' tax running into criticism as cumbersome or worse. That's forcing difficult reductions, if not the outright elimination, of policy priorities — from paid family leave to child care to dental, vision and hearing aid benefits for seniors.
The once hefty climate change strategies are losing some punch, too, focusing away from punitive measures on polluters in a shift toward instead rewarding clean energy incentives.