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President Joe Biden rushed Sunday negotiations with the moderate wing of the Democrats led by Sen. Joe Manchin (D-WV) to try to move forward his spending plan, after reducing its cost from 3.5 to 2 trillion dollars in ten years, before leaving on a trip to the G20 meeting in Rome.
Biden received at his Wilmington (Delaware) residence, where he is spending the weekend, Senator Joe Manchin, representative of the moderate Democratic wing, and the leader of the Democratic majority in the Senate, Chuck Schumer (D-NY), according to the White House.
Meanwhile, in Washington, House Speaker Nancy Pelosi remarked in an interview on CNN that the agreement “is almost reached” and that today’s meeting in Delaware will focus “on some specific points that need to be finalized.”
The White House hopes that Congress will be able to vote on the $2 trillion spending plan before he leaves for a trip later this week to participate in the G20 leaders’ summit in Rome.
Biden’s spending plan has been criticized for its high cost, which would drive Americans deeper into debt, and would most likely continue to drive up inflation in the country.
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If he manages to reconcile the progressive and moderate wings of his party, Biden could finally get this reform through the Senate by means of a legislative formula known as reconciliation, which allows a bill to pass with a simple majority of 50 votes, just as the Democrats have, in the face of the Republicans’ refusal to increase spending and the country’s debt.