Page 6 - Biden Framework News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The support of joe manchin of west virginia and kirsten sinema of arizona. two is that rights who after days on end of negotiations still haven't explicitly endorsed the framework. when biden borden air force one for rome without a clear path forward and pelosi in focus. >> for those who said i want to see text, the text is there. for you to review, for you to complain about, for you to add to. for whatever it is and we'll see what consensus emerges from that. >> and wolf, at this point, the consensus just simply hasn't emerged. just a short while ago, the caucus putting out a statement saying...

The framework that was put forward and i think that is a really significant achievement for the president to go and say he was able to get everybody on board for this framework. he believes it can pass in the senate. it will pass in the house. we just need to know look at the text, which also significant achievement came out today. we are looking at that text. we will go through it. we will make sure that again, that we are all together and then we will vote those two bills together and the president will be able to have the victory that he deserves for being a gl negotiator in chief, bringing...

Vote on the bipartisan infrastructure bill. i know that's something the speaker wanted. i have signalled for days we didn't have the votes for the bipartisan bill without the other bill. the build back better act, which has 85% of the president's agenda that we really care deeply about. we care about the bipartisan bill as well, but our members have been saying for months that these two bills need to be, need to go together and that we need to have the legislative text. now what is really fantastic news and is a testament to the president's speech before the caucus today is that we got an over...

Spending programs from other sources. biden originally requested more than $2 trillion in new infrastructure spending. this is obviously paired way down. it's a bipartisan group of 21 senators supporting the latest framework which they believe "provides an historic investment in the nation's core infrastructure needs without raising taxes." taxes on families but there's even a catch there because the biden framework calls for new minimum corporate taxes of about 15%, also calls for ending capital gains tax breaks on large inheritances. however it would not increase corporate tax rates likely p...

Consideration. i mean i like the general outline. i need more details but again, that's not a debt ceiling plan. that is frankly dealing with fiscal reform and the long-term debt and defenicits of this country. i think at the end of the day though you'll probably see something like an intermediate deal. what i mean is perhaps something closer to that biden framework. i'm not sure just how much in debt ceiling increase and how much in spending reduction but maybe somewhere on the order of $1 trillion. and again, the question is how much time does that get you on the debt ceiling. it wouldn't ta...