President Biden’s releases $1.75 trillion spending plan
latest framework is extremely detailed but would still require a lot of effort to win over key congressional holdouts. I know we have a historic economic framework. I'll have more to say after I return from the critical meetings in Europe this week, Biden said in remarks at the White House
By Yashasvini Razdan
Published - Oct 29, 2021, 12:16 AM ET
Last Updated - Feb 13, 2024, 08:43 AM EST
• The current proposal is way less money than President Biden's original $3.5 trillion proposal
• An additional $100 billion has been kept aside to reduce immigration backlogs and speed up asylum processing
President Joe Biden unveiled his $1.75 trillion framework for his signature climate and social spending bill to House Speaker Nancy Pelosi, D-Calif., and a room full of Democrats.
President Biden released his spending plan in a closed-door meeting in the basement of the Capitol on Thursday morning.