Home Passes Biden's Financial Plan, Senate Destiny Unsure – Bloomberg

President Joe Biden’s signature plan to increase the social security internet, handle local weather change and rewrite tax insurance policies handed the Home Friday morning as Speaker Nancy Pelosi united fractious Democrats to ship the laws to the Senate, the place its destiny stays unsure.
The 220-213 vote adopted months of intra-party squabbling. It got here solely after the nonpartisan Congressional Price range Workplace delivered a price estimate for the invoice, which moderates had demanded earlier than casting their votes. The CBO discovering that it might improve the deficit by $367 billion over a decade proved acceptable to sufficient holdouts for the invoice to cross. Maine Consultant Jared Golden was the one Democrat to vote no, together with all Republicans.

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