President Biden bit off too much, too fast in trying to ram through what would be the largest social expansion in American history, top Democrats privately say.
Why it matters: At the time Biden proposed it, he had his mind set on a transformational accomplishment that would put him in the pantheon of FDR and JFK.
Democrats, controlling two branches of government, saw a once-in-a-lifetime opening. In retrospect, some top advisers say this should have been done in smaller chunks.
An outside White House adviser said: “Reality is setting in that you can’t pass a $3.5 trillion package. It’s going to get scaled back. The question is whether it can be done this year.”