US Senate Passes $3.5T Budget Plan

Senators voted along party lines to support a blueprint for President Joe Biden's agenda.

By Sheldon Reback

Aug 11, 2021 at 8:41 a.m. UTC

Updated Sep 14, 2021 at 1:38 p.m. UTC

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The U.S. Senate voted 50-49 along party lines early Wednesday to support a $3.5 trillion blueprint for President Joe Biden's agenda.

The bill paves the way to expand government's role in trying to reduce poverty, protect the environment and improve care for the elderly, Bloomberg reported.
Bitcoin barely reacted to the vote, holding above $46,000.
The bill follows a $1 trillion infrastructure bill that the U.S.. Senate passed Tuesday and that included contentious crypto tax-reporting provisions.

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