Congressional lawmakers are still hammering out a deal on President Biden’s multitrillion-dollar spending package that would boost funding for infrastructure and clean energy, along with social spending initiatives.

The president said this week he has agreed to cut the mammoth $3.5 trillion price tag, and reports have suggested lawmakers will land somewhere between $1.75 trillion and $1.9 trillion.

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.

Democrats worked to quickly find new sources of revenue to pay for their roughly $2 trillion social-policy and climate package, seeking to target businesses and wealthy individuals in novel ways after proposed rate increases ran aground in talks.

Democrats say they’re working hard to pare back their $3.5 trillion tax and spending bill to $2 trillion to please House and Senate dissenters, but don’t believe it. What they’re really doing is working hard to pack $4 trillion in new programs into a $2 trillion disguise that sounds less radical than it is.

The White House conceded Wednesday that raising taxes on corporations, the wealthy and capital gains may be off the table for the massive social spending bill, as Sen. Kyrsten Sinema (D-Ariz.) came out against raising rates — sending Democrats scrambling to find new ways to pay for their massive social spending plan.

“There is an expansive menu of options for how to finance the president’s plan to ensure our economy delivers for hardworking families, and none of them are off the table,” White House spokesperson Andrew Bates said.

President Biden’s signature piece of domestic legislation is going to be much smaller than initially envisioned — and that’s vexing Democrats who worry that vital proposals will be whittled down or erased entirely.

The final bill is likely to come in at around half the original $3.5 trillion projected, according to multiple reports. The huge sum being cleaved off the top line means that some cherished progressive priorities are sure to fall by the wayside.

The newest defense appropriations bill, which will give the Pentagon $10 billion more than it asked for, was announced just as President Joe Biden promised he'd nix programs like free community college and elder care from the reconciliation bill in an attempt to please all members of his party.

Senate appropriators supported a 5 percent increase in defense spending for fiscal 2022 and unveiled plans for an additional $24 billion in military spending on Monday. In total, the defense appropriations bill is $725 billion—$10 billion more than requested by Biden.