Watch Live: Biden to speak on the economy as Democrats push tax plan
CBSN
Washington — President Biden is set to speak Thursday about "leveling the playing field in our economy," according to the White House, after Democratic-led House committees concluded their work this week on crafting their $3.5 trillion social spending package.
Facing a Wednesday deadline to complete their respective portions of the massive plan, the committee work highlighted Democrats' intraparty divisions about the size of the wide-ranging proposal and how they want to pay for it, splits that complicate the path forward as Democrats look to deliver a key legislative win for the president.
A plan to lower the price of prescription drugs failed in one House panel after three Democrats voted with their Republican colleagues against it, but the same provision was separately approved by the House Ways and Means Committee.
There's no making up for what Olympic hurdler Lashinda Demus lost on the day she finished .07 seconds behind a Russian opponent who, everyone later learned, was doping. What the American 400-meter hurdles champion will finally receive is a great day under the Eiffel Tower where she'll be presented with the gold medal she was denied 12 years ago at the London Olympics.