Billy House
ReporterBilly House is a reporter with Bloomberg.
Billy House is a reporter with Bloomberg.
Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.
The party’s progressives and moderates disagree over which pieces of President Biden’s agenda to pay for — and how long to pay for them.
The president has warned progressives that they will have to temper expectations for the final legislation.
The administration struggles to unite Dems behind a bill that can pass in the face of united Republican opposition.
The fate of President Joe Biden’s economic agenda rests largely on Speaker Nancy Pelosi navigating deep Democratic rifts and the minefield of promises she’s made to keep the party’s moderate and progressive wings moving toward her goal.
House Democrats are considering a two-year repeal as one of their potential paths to undoing the $10,000 cap on the federal deduction for state and local taxes.
Their package of tax increases falls short of President Joe Biden’s ambition, however.
The resolution came after a White House pressure campaign and assurances from Speaker Pelosi helped unite fractious Democrats.
The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.
After early progress in the Senate, the administration's plans now face a crucial test this week in the House.