Here's what's in and what's out of Biden's scaled-back proposal
President Joe Biden's decision to lay out the details of a significantly scaled back -- and yet still sweeping in scale -- roughly $1.9 trillion economic and climate package in a private meeting with nine progressive House Democrats was strategic, intentional and a signal that the talk of wrapping things up isn't just talk. There is still significant work to be done and the critical holdouts -- Democratic Sens.
But Biden laid out the timeline in his meeting with progressives and moderates, sources said. He can't show up to the United Nations climate conference in Glasgow empty handed. A lawmaker in the meeting called it"the most forceful case I've heard him make on the need for an agreement on a specific timeline." "He needs something substantial to take to Glasgow, and if we don't get this done, it's going to be a huge dent to American credibility.
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