President Biden to ABC's David Muir: 'I haven't given up' on Build Back Better bill

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President Biden to ABC's David Muir: 'I haven't given up' on Build Back Better bill
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EXCLUSIVE: Pres. Biden says that he thinks 'a significant amount of what we need to get done' as part of his Build Back Better social legislation will, in fact, 'get done' — despite opposition from Democratic Sen. Joe Manchin.

President Joe Biden sits down with ABC News’ David Muir for an exclusive interview and addresses the nation’s COVID-19 response and what he plans to do going forward.President Joe Biden said Wednesday in an exclusive interview with ABC"World News Tonight" anchor David Muir that he thinks"a significant amount of what we need to get done" as part of his Build Back Better social legislation will, in fact,"get done" -- despite opposition from Democratic Sen.

"Senator Manchin’s main sticking point, it would appear, is the Child Tax Credit," Muir told Biden during the sit-down interview, referring to Democrats' goal of continuing to offer parents an expanded tax credit after Congress and Biden temporarily expanded it earlier this year.

Senate Majority Leader Chuck Schumer had hoped to pass the bill in the Senate by Christmas, a timeline the White House said it supported. Manchin's continued opposition has made that impossible.With the Senate evenly split between Democrats and Republicans, the president needs every Democrat to support his bill. The White House had for months been negotiating with Manchin, who has expressed concern about the legislation's overall price tag, as well as its impact on inflation.

Biden spoke about his administration's accomplishments and the growing economy, and pointed out that after Manchin said he would vote"no," Goldman Sachs slashed its expectations for U.S. economic output next year.

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