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In budget turning point, Biden conceding smaller price tag

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President Joe Biden and congressional Democrats’ push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers flashing potential signs of flexibility.

In virtual meetings Monday and Tuesday with small groups of House Democrats, Biden said he reluctantly expected the legislation’s final version to weigh in between $1.9 trillion and $2.3 trillion, a Democrat familiar with the sessions said Tuesday. He told them he didn’t think he could do better than that, the person said, reflecting demands from some of the party’s more conservative lawmakers.

Biden used those same figures during a Friday meeting in the Capitol with nearly all House Democrats, according to that person and a second Democrat familiar with the gathering. Both Democrats would describe the meetings only on condition of anonymity.

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