Speaker of the House Nancy Pelosi, D-Calif.,holds her weekly news conference on Thursday, Oct. 21, 2021. Bill Clark/CQ-Roll Call, Inc via Getty Images

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Speaker Nancy Pelosi said on Sunday that Democrats are close to reaching a deal on President Joe Biden’s social spending bill and will lock it down by the end of next week. Pelosi told CNN’s Jake Tapper that Democrats have “90 percent of the bill agreed to and written, we just have some of the last decisions to be made.”

Tapper asked if there would be a deal by the time President Biden leaves for Europe Thursday or Friday, and Pelosi said, “I think we’re pretty much there now.”

“You think you have a deal now?” Tapper asked. “We’re almost there,” Pelosi replied. 

The bill started out as a $3.5 trillion package that included family leave, child care, Medicare expansion, climate action, and free community college. Democratic Sens. Kyrsten Sinema and Joe Manchin have opposed the bill, which is now down to about $2 trillion. 

Pelosi acknowledged that Democrats couldn’t agree on the bill as it was first proposed, so what’s on the table now is “less than what we had projected to begin with but it is still bigger than anything we have ever done in terms of addressing the needs of America’s working families.”  

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

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