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Biden to meet with Schumer and Manchin in Delaware for more talks on social spending package

Biden to meet with Schumer and Manchin in Delaware for more talks on social spending package

CBSN
Sunday, October 24, 2021 01:10:44 PM UTC

Washington — President Biden will meet with Senate Majority Leader Chuck Schumer and Senator Joe Manchin in Delaware on Sunday as Democrats look to broker an agreement on the president's social spending plan, a person familiar with the gathering confirmed to CBS News.

Democrats are working to reach consensus on a framework for Mr. Biden's domestic policy agenda, which will require support from Manchin and Senator Kyrsten Sinema of Arizona, both moderate senators who objected to the package's initial $3.5 trillion price tag.

But there is daylight between Manchin and Democratic leaders over the topline number, as the West Virginia senator has said he supports a $1.5 trillion plan, while Mr. Biden set a price range for the legislation at roughly $2 trillion. In addition to trimming the social spending package, Democrats are also hashing out the details of how to pay for it, as the White House faced resistance from Sinema over its plan to raise the corporate tax rate and top income rate rate for the wealthiest Americans.

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