Senate Democrats passed their spending bill. What didn’t make the final cut?

<p>Democrats passed their marquee climate and spending package late yesterday, a victory for the Biden administration as it seeks to reinvigorate its domestic agenda. We look at what provisions didn&#8217;t make the final cut, including a proposal to close the so-called &#8220;carried-interest tax loophole.&#8221; A new study finds that children with friends of different income levels saw a notable reduction in poverty rates later in life. Also, new data on worker productivity is due out tomorrow, and it may show continued declines because of the pandemic.</p>