Advocates, Lawmakers Weigh Climate Priorities In Narrower Budget Bill

Environmental advocates and Democratic lawmakers are scrambling to protect a series of climate- and environment-related initiatives in the party’s emerging budget “reconciliation” package, after President Joe Biden acknowledged his signature economic policy initiative must be significantly downsized to pass. Biden is reportedly pressing lawmakers to accept a bill with top-line spending of roughly $2 trillion or slightly more, while key lawmakers representing moderates and progressives are signaling a willingness to budge from their prior positions. The statements suggest movement toward...