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The president canceled a trip to Chicago in an attempt to salvage a pair of bills containing trillions of dollars in spending on infrastructure, education, climate change and more. WASHINGTON — President Biden and his aides mounted an all-out effort on Wednesday to salvage Mr. Biden’s economic agenda in Congress, attempting to forge even the […]
After a weekend of sluggish procedural advances, which Fred described on Monday, the Senate finally, after months of grueling bipartisan negotiations, passed a sweeping $1.2 trillion physical infrastructure package, called the Infrastructure Investment and Jobs Act, by an overwhelming bipartisan majority of 69-30. All 50 members of the Democratic caucus in the Senate voted for […]
Continue reading …Yesterday Senate Democrats released their $3.5 trillion dollar budget blueprint that they hope to pass via reconciliation without needing any GOP votes. A publicly released memo sent by Budget Committee Chairman Bernie Sanders (I-Vt.) details the provisions in the budget, including universal pre-K, free community college, and a path to lawful permanent status for undocumented […]
Continue reading …Ms. Yellen’s letter to Congress was her third warning. Last week, she told lawmakers that she was beginning to use extraordinary measures to delay a default.
Continue reading …Many Republicans are disregarding the deficit impact for the sprawling infrastructure bill, but intend to change course for looming battles on social spending and the debt ceiling.
Continue reading …Progressives have not ruled out reopening the deal that senators are painstakingly putting together, and they do not intend to take it up for months, until after their other priorities are addressed.
Continue reading …A looming deadline and a last-minute need for a new revenue source are complicating a deal that was announced nearly a month ago.
Continue reading …The measure, which would include money to address climate change, expand Medicare and fulfill other Democratic priorities, is intended to deliver on President Biden’s economic proposal.
Continue reading …“We’re going to get a lot done,” President Biden said, as Senate Democrats began drafting the details on a social and environmental bill that could yield transformative change.
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Today’s News & Commentary — September 20, 2021
20/09/2021 Comments Off on Today’s News & Commentary — September 20, 2021The weekend brought a number of developments in the evolving Senate negotiations over President Biden’s $3.5 trillion budget package. On Sunday evening, the Senate Parliamentarian opined that a measure creating a pathway to citizenship for millions of undocumented immigrants did not have a significant enough impact on the federal budget to merit inclusion in a […]
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