U.S. Senate Democrats unveil $3.5 trillion budget plan
Tweet
Share
E-mail
FILE PHOTO: The exterior of the US Capitol is seen as Senators work to advance the bipartisan infrastructure bill in Washington, U.S., August 8, 2021. REUTERS/Sarah Silbiger
WASHINGTON (Reuters) - A $3.5 trillion budget plan unveiled by U.S. Senate Democrats on Monday calls for tax credits and grants to encourage "clean energy" manufacturing and transportation, while also making significant changes to immigration and education policies, according to congressional documents.
The proposed budget resolution is intended to carry out President Joe Biden's $3.5 trillion "human infrastructure" initiative. Democrats are aiming to debate and pass this non-binding resolution in coming days, which would serve as a framework for more detailed, binding legislation later this year.
(Reporting by Richard Cowan; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- B. Riley’s Top Biotech Picks Ahead of 3Q26 Earnings Season
- Thousands huddle in Bangkok shelters as Thai flood damages seen at $320 million
- Major Australian private lender suspends three ASX funds, cuts asset values after audit
Create E-mail Alert Related Categories
Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
