Sept. 9, 2021: The Democrats’ trillion-dollar question
The Playbook Podcast
POLITICO
3.9 • 699 Ratings
🗓️ 9 September 2021
⏱️ 7 minutes
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| 0:00.0 | Presented by Amazon. |
| 0:02.5 | Hey, good morning, Playbookers. |
| 0:04.2 | I'm Ruggled Mono-Modavalin. |
| 0:05.5 | It's Thursday, September 9th, and this is your Politico Playbook Daily Briefing. |
| 0:13.6 | It started off with a $6 trillion price tag. |
| 0:17.5 | Ben, it was lower to $3.5 trillion. |
| 0:20.0 | Now there's reporting suggesting that Senator Jill |
| 0:22.0 | Manchin wants the total for the Democrats reconciliation bill to drop as low as $1.5 trillion. |
| 0:28.1 | Though, for what it's worth, some people close to him say that his comfort zone is something |
| 0:31.9 | closer to around $2 trillion. But here's the question. What exactly will the Democrats' |
| 0:37.2 | top line number be? |
| 0:38.3 | The process of recrafting the bill will kick off in earnest today. |
| 0:41.3 | As the House Ways and Means Committee, the Education Committee and Labor Committee began marking up their proposals. |
| 0:47.3 | And already, there are tensions over the issues being voted on. |
| 0:51.3 | For example, we're told that the $762 billion in vision for education, |
| 0:56.4 | which includes more than $450 billion for child care at universal pre-K, and hundreds of billions |
| 1:02.0 | more for school infrastructure and free community college, won't likely make it to the White |
| 1:06.5 | House intact. Likewise, a battle for limited resources is driving the fight over which health care proposals |
| 1:12.4 | to include, pitting the House against the Senate and the White House. Now, the dollar total |
| 1:17.0 | will be dictated by how much Democrats can generate with tax hikes and other revenue raisers, |
| 1:22.3 | which, by the way, is a huge area of contention itself. Democrats could find themselves |
| 1:26.9 | with about $1 to $2 trillion in revenue, |
... |
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