quote, keep voting on it until we get something done as the white house considers ways to pare back the proposal to keep it alive. he s going to work like hell to get it done. reporter: for biden s agenda, a devastating 24 hours. goldman sachs moving immediately, slashing its growth forecast for the u.s. economy in the wake of manchin s pronouncement and biden s coveted policy initiatives like universal pre-k, child and home care subsidies, the largest investment in combating climate change in history and the extension of the child tax credit now all at serious risk. our objective and focus now is moving forward. reporter: but sky-high ambitions setting the stage for a crushing reality and with significant blowback from progressives. i think what senator manchin did yesterday represents such an egregious breach of the trust of the president. pamela, behind the scenes there have already been discussions between white house officials about how to structure
this done. reporter: as democrats seek a pathway to bring things back on track, senate majority leader chuck schumer pledging to vote on the bill. in a letter to colleagues and, quote, keep voting on it until we get something done. as the white house considers ways to pare back the proposal to keep it alive. he s going to work like hill to get it done. reporter: for biden, a devastating 24 hours with large-scale repercussions. goldman sachs moving immediately, slashing its growth forecast for the u.s. economy in the wake of manchin s pronouncement and biden s coveted policy initiatives like pre-k and home care subsidies, the largest combatting climate change, and expansion of tax credit, all at serious risk. our focus and objective is moving forward. reporter: setting the stajkovstage for a crushing reality and blow back from progressives.