Latest Updates: Related to Inflation

Lawmakers Shift to Compromise, Some Spending Jettisoned, Municipal Elements Remain if Only For Now

  • Democrats are beginning to compromise on the Build Back Better agenda according to reports out of Washington, D.C.
  • A $1.9 trillion spending ceiling has been identified by President Biden, paring down the $3.5 trillion progressive Democrats were seeking. Senator Manchin still does not agree with spending over $1.5 trillion.
  • Significant spending items have already been pared back or eliminated. As of now the municipal elements remain but every time lawmakers need to cut spending they are at risk.


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