Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

White House and Democrats nearing deal on reconciliation package - sources

Published 10/19/2021, 04:22 PM
Updated 10/19/2021, 04:26 PM
© Reuters. U.S. Senators John Hickenlooper (D-CO) and Joe Manchin (D-WV) speak to each other in a hallway following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., October 19, 2021. REUTERS/Elizabeth Frantz

© Reuters. U.S. Senators John Hickenlooper (D-CO) and Joe Manchin (D-WV) speak to each other in a hallway following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., October 19, 2021. REUTERS/Elizabeth Frantz

WASHINGTON (Reuters) - The White House and Democratic lawmakers are nearing deal on a framework for a major package of legislation on social programs and climate change that could be announced in coming days, according to three sources familiar with the negotiations.

© Reuters. U.S. Senators John Hickenlooper (D-CO) and Joe Manchin (D-WV) speak to each other in a hallway following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., October 19, 2021. REUTERS/Elizabeth Frantz

The White House and Democrats are still working out the details on the top-line number for the package - whose original price tag had been $3.5 trillion - but are looking at potential cuts to affordable housing and home care for the elderly, a source familiar with the talks told Reuters.

The sources spoke on condition of anonymity.

Latest comments

Here's how you deal. Set the bar so high that once negotiated, you still win bigley.
Most people hope both fail, all we need is more spending and a larger government!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.