House Speaker Nancy Pelosi, a Democrat, acknowledged Sunday “it seems obvious” that the spending plan pushed by President Joe Biden will be less than the $3.5 trillion originally proposed.
In this sense, Pelosi expressed herself in an interview on ABC television when asked about the doubts raised by the voluminous legislative package within the Democratic caucus itself, which the progressives want to approve before the end of the month.
The Democratic leader pointed out “that it seems obvious” that it will be less than the 3.5 trillion proposed by the President, Joe Biden, in order to be able to count on the support of the moderate wing of the party.
To finance this project, the Democrats intended to raise taxes on the rich and large companies, and thus collect 2.9 trillion dollars over 10 years.
Pelosi assured that, despite some voices in the more moderate wing of the party who consider the package excessive and oppose some of the steep tax hikes, the plan will eventually pass.
“We will get the numbers we need,” to get the plan through, he said.
The House is expected to vote on the proposal this week.
After that, Democratic leaders will have to negotiate with more moderate members of their party, such as Senators Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, to reach a final agreement.
To address this issue, Biden invited Pelosi and Senate Democratic Majority Leader Chuck Shumer to the White House this week, and later met with members of the moderate faction, including Manchin and Sinema.