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https://www.washingtonpost.com/us-policy/2021/10/22/white-house-democrats-econo…
Economic policy, Build Back Better, federal budget, budget reconciliation

Washington Post

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The Washington Post is a major American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper in the Washington metropolitan area and widely read around the country. The newspaper has won 47 Pulitzer Prizes. It employs around 800 journalists and had a 2015 daily circulation of 356,768. Its digital circulation was 1,000,000 in 2018.

Jeff Bezos bought the paper in 2013. Tensions between he and the newsroon have continued; in 2024 and 2025, multiple personnel resigned over the paper's non-endorsement of Kamala Harris and editorial changes advanced by Bezos.

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Andrew Harnik/Associated Press

Even as negotiations over President Biden’s economic package continue, Democratic officials have started signaling which parts of the White House agenda could be cut from the legislation and which are likely to be approved.

Biden, for instance, said on Thursday night that his plan to create universal free community college had fallen out of the bill. The president acknowledged his new clean energy plan to incentivize utility firms to move away from fossil fuels is in danger of being jettisoned. By contrast, universal prekindergarten and a national child care program are widely seen as all but guaranteed to be included, enjoying the backing of the Democratic caucus.

The bill is also likely to retain significantly smaller versions of a wide range of Biden’s proposals, such as initial plans to provide roughly $300 billion for housing and homelessness, $400 billion on eldercare for seniors, and $450 billion for the child tax credit. Each initiative stands to be cut from anywhere from a third to a half of their initial proposed amounts, though estimates on how much vary by significant margins.

White House faces grueling choices as it debates cuts to economic plan

And while a higher corporate tax rate may be out of a deal, due to the demands of Sen. Kyrsten Sinema (D-Ariz.), a new tax on billionaires’ accrued wealth is newly in play as part of potentially significant shifts in Democrats’ tax plans to fund the legislation.