President Joe Biden says he has struck a deal with the most conservative members of the Senate to move forward with a $1.75 trillion spending and tax bill a legislative package meant to reflect the biggest pillars of his agenda.

When Biden says he wants to Build Back Better, this is the bill hes talking about.

But what the White House is now proposing isnt what Biden wanted. Over the course of the last month, the White House whittled down its dreams of a $3.5 trillion spending bill over 10 years to appease two key Democratic votes: Sens. Joe Manchin (W.Va.) and Kyrsten Sinema (Ariz.).

What theyve come up with is about half the size of what the majority of congressional Democratic lawmakers had hoped for. That meant leaving out a lot of key and extremely popular proposals, like instituting the nations first paid family and medical leave program, or lowering pharmaceutical drug prices.

That said, theres still a lot of policy packed into this proposal. The proposals biggest investments are in climate policies ($555 billion), child care and universal pre-kindergarten ($400 billion) and a temporary extension of the expanded child tax credit ($200 billion), which has already gone a long way toward cutting down child poverty in the United States. It increases taxes on the wealthy and corporations.

Biden spent Thursday morning on Capitol Hill trying to convince Democrats to support this compromise. But nothing is for certain; a lot of lawmakers saw their policy priorities cut down, or even cut out all together, because of Manchin and Sinema.

I need you to help me, Biden told House Democrats Thursday. I need your votes.

Heres what the White House negotiated.

WHATS IN

Universal Pre-K

Democrats appear to be following through on their pledge to make pre-kindergarten universally available across the country. The policy is proposed to remain in place for six years, which is a long time compared to some other stuff in the bill.

Its set up as a federal-state partnership; states submit plans to set up free pre-K systems and, for the first three years, the federal government foots the bill. After three years, the states have to cover 40% of the costs.

The White House summary of the Build Back Better framework says it would expand access to free high-quality preschool for more than 6 million children.

Child Care Assistance

The deal includes the largest-ever investment in child care, through a program that would limit expenses for most families to 7% of household income and offer free access to many lower-income Americans.

In some ways, this plan is set up similarly to the pre-K proposal, but it is financed differently and has more restrictions. Most parents would have to prove eligibility through either employment, education status or health, among other categories, in order to get these child care subsidies. How much parents pay into child care is also on a sliding scale depending on income, and capped to those that make up to 250% of their states median income.

For a family of four in Alabama, that works out to about $210,000 a year. For a family of four in Massachusetts, it would be about $340,000. In other words, it would cover the vast majority of families, leaving out only those in the highest income brackets.

The program also includes mechanisms to improve the quality of child care, primarily by raising the wages of care workers. The program requires states to opt in to the program, and some might not. But even with only partial participation, millions of working parents would get significant, much-needed help with child care.