The U.S House of Representatives has approved the Biden administration’s Build Back Better spending package.
The $1.7 trillion spending bill passed in the House on Friday with a 220-213.
The package is a key part of President Biden’s domestic agenda and seeks to limit childcare costs for working families, provide four weeks of paid family leave for new parents, cap drug prices for older Americans, and reduce eldercare costs. It also will fund some climate related agendas.
According to the Biden administration, they plan to fund the package by pushing new taxes on the wealthiest Americans and increased taxes on corporations.
The bill is now set to advance to the Senate.