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White House and Democrats look to means test as way to shrink reconciliation bill

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© Reuters. FILEPHOTO : FILEPHOTO – A General View of the White House at Washington, U.S. July 15, 2020. REUTERS/Jonathan Ernst/File Photo/File Photo

By Jarrett Renshaw

(Reuters) – The White House and congressional Democrats are considering attaching financial means tests to a number of key agenda items in the $3.5 trillion reconciliation bill as a way to lower costs and pacify members concerned about the size of the bill, according to two officials familiar with the discussions.

According to sources, these discussions involve, among others, placing income caps upon the Democrats’ plans for free community college, expanding child tax credits, and electric vehicle rebates.

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