top of page

Biden Admits Talks On $3.5T Plan Have Hit A 'Stalemate'

  • Writer: By The Financial District
    By The Financial District
  • Sep 25, 2021
  • 2 min read

President Joe Biden said Friday that talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress as he made the case for his expansive effort to recast the nation’s tax and spending programs and make what he sees as sweeping, overdue investments, Lisa Mascaro and Jonathan Lemire reported for the Associated Press (AP).

Photo Insert: President Joe Biden and his allies seem to have hit a wall dealing with their more moderate party mates.

Biden spoke at the White House as Democrats in the House and Senate are laboring to finish drafts and overcome differences between the party’s centrist and moderate factions.


Despite efforts by the president and congressional leaders to show progress, Biden cast the road ahead as long and potentially cumbersome, even with upcoming deadlines. “We’re getting down to the hard spot here,” Biden told reporters at the White House. “We’re at this stalemate at the moment.”


Biden said the process is “going to be up and down” but ”hopefully at the end of the day I’ll be able to deliver on what I said I would do.” The president’s acknowledgment of Democrats’ disagreements — and they have serious differences over taxes, health, climate change and the ultimate price tag — contrast with congressional leaders’ more upbeat tone in recent days.


Using carefully chosen words, top Democrats have seemed to be trying to create a sense of momentum as House votes approach.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

On Friday, House Speaker Nancy Pelosi, D-Calif., predicted passage of both pillars of Biden’s domestic agenda.


One is a still-evolving $3.5 trillion package of social safety net and climate programs, the other a separate $1 trillion measure financing highway, internet, and other infrastructure projects that have already passed the Senate with bipartisan support.


Government & politics: Politicians, government officials and delegates standing in front of their country flags in a political event in the financial district.

“We’re going to pass both bills,” she told reporters. But she did not spell out how she and her Senate counterpart, Majority Leader Chuck Schumer, D-N.Y., would resolve disagreements and distrust between their party’s moderate and progressive wings that’s stalled both measures. And there remained confusion about the voting schedule, which will be crucial.



Optimize asset flow management and real-time inventory visibility with RFID tracking devices and custom cloud solutions.
Sweetmat disinfection mat

TFD (Facebook Profile) (1).png
TFD (Facebook Profile) (3).png

Register for News Alerts

  • LinkedIn
  • Instagram
  • X
  • YouTube

Thank you for Subscribing

The Financial District®  2023

bottom of page