Here’s what we know is in the scaled back Biden budget bill and what got cut

Sen. Kyrsten Sinema, D-Ariz., has expressed opposition to increases in corporate tax rates, one of the key ways Democrats want to pay for their domestic policy bill. Democrats are looking at alternatives.

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Democratic leaders have set the end of this week as a deadline to try to get a detailed framework for their domestic policy bill that sweeps up all of President Joe Biden’s top priorities. After months of infighting, there was a new sense of urgency and optimism this week that a deal is within reach — or at least a framework for one — that could pass the House and Senate later this fall.

Opposition to the initial $3.5 trillion price tag for the president’s “Build Back Better” plan from two key Senate moderates — Sen. Joe Manchin, D-W.Va., and Sen. Kyrsten Sinema, D-Ariz. — forced leaders and the president to trim programs, and lower expectations for those on the left.

Biden met with both progressives and moderates earlier this week. Both sides left the meetings with the realization that they can’t get everything they wanted. Now red lines have given way to real horse trading as Democrats piece together a roughly $2 trillion package.