Senate Democrats released the text of their budget resolution, which sets up President Joe Biden's $3.5 trillion economic agenda as well as a showdown with Republicans over the debt limit in September.

The budget blueprint is expected to be voted on this week in the Senate, soon after final passage of Biden's bi-partisan $550 billion infrastructure package. It allows Democrats to bypass Republicans to expand the social safety net and address climate change, paid for by raising taxes on the wealthy and corporations.

The blueprint would be followed as soon as September, with text implementing a broad array of new education, health, and climate programs, as well as an extension of tax cuts for the middle class. All 50 senators who caucus with Democrats will have to unite behind it for it to prevail.

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