Democrats have almost reached an agreement on a social spending bill that is a pared-down version of U.S. President Joe Biden's priorities and plan to vote on that and an infrastructure bill in the coming week, House Speaker Nancy Pelosi said on Sunday.
"I think we're pretty much there now," Pelosi said in an interview with CNN's "State of the Union" as Biden met with fellow Democrats Senate Majority Leader Chuck Schumer and Senator Joe Manchin, who has objected to parts of the bill.
Schumer and Manchin are meeting to finalize some of the particulars. "I'm optimistic that we can do that," Pelosi said.Disagreements over the scale of the larger package have held up Biden's domestic agenda, with progressive Democrats in the House refusing to vote for the infrastructure bill, which has already been passed by the Senate, until a deal is reached on social programs and climate change.
Pelosi said lawmakers have an array of options to fund the spending bill even without the corporate tax rate hike, including better tax enforcement, a so-called billionaires tax and international tax harmonization. It was unclear what climate change provisions would remain in the final bill, as Manchin, from the coal mining state of West Virginia, opposed the a clean energy program that would create incentives and penalties for utility companies.
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