Bloomberg Tax
Oct. 4, 2021, 6:00 AM UTC

Biden Seeks Path Out of Gridlock After Resetting Clock on Agenda

Josh Wingrove
Josh Wingrove
Bloomberg News
Gregory Korte
Gregory Korte
Bloomberg News

President Joe Biden and top Democrats will regroup this week to salvage two pillars of his agenda, after gridlock between the party’s two flanks scuttled passage of an infrastructure bill and threatens to drag on for weeks.

House Speaker Nancy Pelosi reset the clock on Saturday, giving lawmakers until Halloween to strike a deal on both the bipartisan $550 billion infrastructure deal and a broader, signature package of social spending, health care and tax measures they must pass with only Democratic votes.

The weekend offered mixed signals -- including Pelosi’s delay and a blistering critique of House Democrats from moderate ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.