Democrats are pushing a $3.5 trillion budget reconciliation bill even as those in their party express concerns over the price tag. Many Democratic lawmakers say they will not pass the bipartisan infrastructure bill without the reconciliation bill however. Once the $1.2 trillion bipartisan infrastructure bill was passed, Senate Majority Leader Charles Schumer (D-NY) and Budget Committee chair Bernie Sanders (I-VT) agreed on a deal for a $3.5 trillion antipoverty and climate package that Democrats plan to pass through reconciliation. The plan calls for the investments to be offset by a combination of new tax revenues, health care savings and long-term economic growth. It calls for raising money through IRS enforcement and proposes a new fee on carbon pollution. The plan prohibits tax increases on families making under $400,000 a year, small businesses and family farms. READ FULL ARTICLE>>
