Harris Says Biden's Child Tax Credit Will Lift U.S. Children Out of Poverty
Published Date: 7/15/2021
Source: Bloomberg Quicktake: Now
President Joe Biden’s agenda got a boost with Senate Democratic leaders outlining plans for more than $4 trillion in domestic programs, but enactment hinges on negotiating details on Medicare, taxes, immigration and infrastructure that have confounded Congress for a generation. The Senate is moving forward with a two-pronged approach to enacting Biden’s agenda, a $3.5 trillion tax and social spending plan, backed only by Democrats, and a $579 billion bipartisan infrastructure bill. Democrats on Wednesday celebrated agreement on the broad outline of a 10-year budget proposal that bridges, at least on the surface, the gulf between a $6 trillion proposal from Vermont Independent Bernie Sanders, a progressive who chairs the Senate Budget Committee, and moderates including Virginia Senator Mark Warner, who insisted on a more modest plan that wouldn’t swell the national debt. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake