President Joe Biden on Wednesday said he expects his social-spending and climate package probably will be broken up in order to have parts of it passed by Congress. “I think we can break the package up, get as much as we can now and come back and fight for the rest,” he told reporters during a news conference that came at the one-year mark of his presidency. He said there is support for more than $500 billion aimed at energy and environmental issues, adding that a key moderate Democratic senator, West Virginia’s Joe Manchin, supports early education programs for 3- and 4-year-olds.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
