The White House is making a last-ditch effort to salvage parts of Joe Biden’s once-sweeping economic agenda, junking spending commitments and focusing on deficit reduction in an attempt to win over centrist Democratic senators.
Officials told the Financial Times they still want to pass elements of the Build Back Better programme, Biden’s attempt to overhaul the US welfare system, despite previous resistance from within the president’s party.
However, the revised legislation is likely to be a severely reduced version of the original, containing minimal if any social spending, as part of an effort to appease Joe Manchin, the conservative Democrat from West Virginia who torpedoed the bill’s previous iteration.