•   
  •   
  •   

Politics Senators Reach Infrastructure Deal; Schumer Preps First Vote

02:35  26 november  2021
02:35  26 november  2021 Source:   bloomberg.com

House Republican touts benefits of infrastructure law he voted against

  House Republican touts benefits of infrastructure law he voted against Alabama Republican Rep. Gary Palmer faced sharp criticism after he touted the benefits for his district of the new infrastructure law he voted against. On Monday, the same day President Joe Biden signed the $1.2 trillion bill into law, Palmer issued a press release taking credit for a provision he introduced directing $369 million to the Northern Beltline project, a 52-mile, six-lane corridor under construction in his home state.

“This deal signals to the world that our democracy can function, deliver, and do big things,” President Joe Biden said in a statement. It “will help ensure that America can compete in the global economy just when we are in a race with China and the rest of the world for the 21st century.” “We do expect to move forward this evening.” Majority Leader Chuck Schumer , a New York Democrat, expressed optimism and he scheduled the procedural vote for Wednesday night that will clear the way for debate. That requires backing from at least 60 senators . Senate GOP leader Mitch McConnell said he would

Senators announce a bipartisan infrastructure deal , Schumer pushes for Wednesday test vote . Published Wed, Jul 28 202111:24 AM EDTUpdated Wed, Jul 28 20215:57 PM EDT. Senate Majority Leader Chuck Schumer aims to hold a test vote Wednesday night, and said he believes the bill has enough support to advance. Democrats are trying to pass the infrastructure bill along with a .5 trillion plan to expand social programs. The lead GOP negotiators on the bipartisan infrastructure legislation, L-R, Sen .

(Bloomberg) -- A bipartisan group of senators and the White House reached a tentative agreement on a $550 billion infrastructure package, a significant breakthrough in the drive to muscle through Congress a massive infusion of spending for roads, bridges and other critical projects.

a bird sitting on top of a wooden fence: U.S. Labor, Business Lobbies Join To Tout Infrastructure Bill © Bloomberg U.S. Labor, Business Lobbies Join To Tout Infrastructure Bill

The agreement clears the way for a Senate vote Wednesday night that will begin floor consideration of the massive plan. If the procedural vote goes through as expected, the Senate likely could vote on passage this weekend or next week.

“This deal signals to the world that our democracy can function, deliver, and do big things,” President Joe Biden said in a statement. It “will help ensure that America can compete in the global economy just when we are in a race with China and the rest of the world for the 21st century.”

The Squad Gets Love From the Left—and Anger From Voters

  The Squad Gets Love From the Left—and Anger From Voters The passage of President Joe Biden’s $1.75 trillion social welfare spending bill in the House was a much-needed win for Democrats. But for six progressive lawmakers who were willing to block the other half of Biden’s agenda in order to secure the rest of it, the victory was especially sweet. After the Build Back Better Act passed Friday, Rep. Alexandria Ocasio-Cortez (D-N.Y.) said the vote to approve the historic package of investments fighting climate change and expanding the social safety net was “why we even run and serve in Congress, to pass legislation like this that impacts people’s everyday lives, to transform our material reality.

WASHINGTON, June 23 (Reuters) - A bipartisan group of U.S. senators said on Wednesday it had reached a deal on a "framework" for an infrastructure spending bill and planned to discuss it with President Joe Biden on Thursday, although cautioning that unresolved issues remained. Biden will meet with the lawmakers before heading to Raleigh, North Carolina, to visit a mobile clinic administering COVID-19 shots. Passing a bill to rebuild roads, bridges and other traditional infrastructure is a major priority for the Democratic president. Biden, seeking to fuel growth and address income inequality

The Senate ’s bipartisan infrastructure deal finally moved forward on Wednesday night after weeks of grueling negotiations, handing a group of centrists and President Joe Biden a major win. Though the legislation is still unfinished and failed just a week ago, more than a dozen Republicans took the The Senate may even work through the weekend to make progress on the proposal and its 0 billion in new spending as August recess approaches. " I want to commend the group of senators who worked with President Biden," said Senate Majority Leader Chuck Schumer (D-N.Y.) after the vote .

Many of the details of the agreement were still being worked into legislative text. Among the projects getting money, according to the White House:

$110 billion for roads, bridges and major projects$73 billion for electric grid upgrades$66 billion for rail and Amtrak improvements$65 billion for broadband expansion$55 billion for clean drinking water$39 billion for transit$17 billion for ports and $25 billion for airports$7.5 billion for electric vehicle chargers

“We’ve got most of the text done so we’ll be releasing it and then we’ll update it as we get those last pieces finalized,” said Arizona Democratic Senator Kyrsten Sinema, who led negotiations with Senator Rob Portman, an Ohio Republican. “We do expect to move forward this evening.”

Infrastructure package: Here's what's in it

  Infrastructure package: Here's what's in it President Joe Biden signed a $1.2 trillion infrastructure bill into law Monday. It will deliver $550 billion of new federal investments in America's infrastructure over five years, touching everything from bridges and roads to the nation's broadband, water and energy systems. Experts say the money is sorely needed to ensure safe travel, as well as the efficient transport of goods and produce across the country. The nation's infrastructure system earned a C- score from the American Society of Civil Engineers earlier this year.

Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell chat prior to a luncheon at the US Capitol. Members of the US Congress voted 67-32 on Wednesday to advance a bipartisan infrastructure bill in the Senate , starting what is expected to be a fierce debate before another vote on the full passage of the package. A total of 17 Republicans joined all 50 Democrats in the Senate to begin the debate on the infrastructure proposal, which would pump historic levels of federal funding into fixing US roads, bridges and waterways and expand clean energy programmes.

WASHINGTON (Reuters) -A bipartisan group of U.S. senators said on Wednesday it had reached a deal on a "framework" for an infrastructure spending bill and planned to discuss it with President Joe Biden on Thursday, although cautioning that unresolved issues remained. "We came to an Biden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed about .3 trillion be spent on a broad definition of infrastructure , including fighting climate change and providing care for children and the elderly. The White House trimmed the offer to about $ 1 .7 trillion in

Majority Leader Chuck Schumer, a New York Democrat, expressed optimism and he scheduled the procedural vote for Wednesday night that will clear the way for debate. That requires backing from at least 60 senators. Senate GOP leader Mitch McConnell said he would support beginning debate, which should assure there will be enough Republican support.

News of the compromise lifted the stocks of companies that would benefit from federal infrastructure spending, including concrete producer Vulcan Materials Co. and Caterpillar Inc., the manufacturer of construction machinery

Passing the bipartisan infrastructure bill could allow Senate Democrats to agree to move a separate multi-trillion dollar tax and spending measure this fall carrying most of the rest of the Biden’s economic agenda. But a significant obstacle emerged when Sinema released a statement saying that she won’t back the $3.5 trillion in spending that other Democrats have put forward.

Chuck Schumer's father dies at 98

  Chuck Schumer's father dies at 98 Senate Majority Leader Chuck Schumer announced Wednesday that his father had died at the age of 98. © Provided by Washington Examiner The New York Democrat shared the news on social media in a post saying his father, Abraham "Abe" Schumer, died Wednesday evening. "In so many ways — he personified the greatest generation. He took whatever was thrown at him no matter how difficult, did his job, never complained," Schumer said in the post which included a family photo. "An amazing husband, parent, grandparent, great-grandparent. We love him and will miss him." WIFE OF SEN.

"Today, the Senate takes a decade's overdue step to revitalize America's infrastructure and give our workers, our businesses, our economy, the tools to succeed in the 21st century, the bill," Senate Majority Leader Chuck Schumer , D-N.Y., said ahead of the vote on the Senate floor. "When the Senate is run with an open hand rather than a closed fist, senators can accomplish big things," Schumer continued. "So despite this long road we've taken, we have finally, finally reached the finish line."

All Chuck Schumer has to do is deal with unhappy Republicans and also unhappy Democrats. The Senate returned Monday for a few more weeks of work before its annual August hiatus, with only a couple of items left on its to-do list. Senate Majority Leader Chuck Schumer wants to pass the bipartisan infrastructure deal negotiators reached in late June. He also wants to pass a budget that will allow Democrats to use the reconciliation process—you know it by now—to later pass the remainder of their spending agenda on child care, health care, climate mitigation, and other party-line priorities.

Read More: Sinema Says She Won’t Back $3.5 Trillion for Economic Package

The bipartisan group and Biden announced agreement on the framework for an infrastructure package in late June. But negotiators struggled in the weeks since on exactly how to distribute the funds and how to pay for it.

A key decision to drop enhanced tax code enforcement to help pay for the proposal help garnered crucial GOP support. But differences over transit funding, broadband and water projects bedeviled bargaining until recent days.

Republicans last week blocked a bid by Schumer to begin a days-long debate without a fully drafted bill. The group of 22 senators along with top White House officials continued negotiating and ultimately resolved final disagreements over transit, broadband and how to pay for the package.

Biden, who served six terms in the Senate and still has strong relationships there on both sides of the aisle, has been heavily involved in the talks. He’s had White House meetings with the senators negotiating the deal, including on Monday with Sinema. White House Press Secretary Jen Psaki has said he’s also been engaged by telephone.

GOP senators announce agreement on "major issues" in infrastructure bill

  GOP senators announce agreement on Negotiators are rushing to finalize details of the bill that includes some of President Biden's key domestic priorities.Senator Rob Portman of Ohio, who has been leading negotiations for Republicans, announced the breakthrough after meeting with Senate Minority Leader Mitch McConnell and four other Republican senators. A vote to advance the measure would require 60 votes, meaning 10 Republicans would have to join all Democrats in voting to begin debate.


Video: Schumer plans infrastructure vote, deadline to 'focus the minds of senators' (MSNBC)

The agreed-upon package still faces challenges in both chambers.

In the Senate, which is split 50-50 between both parties, 60 votes are required to proceed to the legislation and that could be a challenge.

As many as 12 Republicans were involved at various points in the negotiations, and Democrats may need support from all of them and more to make up for any lost support among Democrats.

Vermont Senator Bernie Sanders, an independent who caucuses with Democrats, said his vote was a “work in progress.” Senator Mike Braun, an Indiana Republican, said he is undecided on the bill, which he said numbers more than 700 pages. Wyoming Republican Senator John Barrasso said he would vote against the procedural motion.

Louisiana Republican Senator Bill Cassidy, who was involved in the negotiations, said he expects there are 60 votes to begin debate on the bill.

House Prospects

In the House, where Democrats currently have a four-vote majority, Transportation Committee Chairman Peter DeFazio is demanding that the House make changes to the Senate deal before passing it this fall to include climate provisions and earmarked district projects.

NHL Free Agency 2021: Every signing by all 32 teams

  NHL Free Agency 2021: Every signing by all 32 teams The NHL free agent market opened Wednesday, July 28.• Canadiens sign Nick Suzuki to an eight-year, $63 million deal.

House Speaker Nancy Pelosi said Wednesday that she was “rooting” for Senate success in its emerging bipartisan infrastructure package, but she also would not commit to moving that same measure through the House unchanged.

“The point is, we haven’t seen it,” she said at a news conference.

Progressive Democrats also have threatened to withhold support for the infrastructure plan, which they argue short-changes the country’s needs, without assurance that a $3.5 trillion follow-on package will pass the Senate.

Most House Republicans are expected to oppose the plan, which would hand Biden and Democrats a significant victory to tout in next year’s midterm elections.

Earlier: Senate Republicans Block Infrastructure Plan Debate, for Now

It has been years since Congress agreed on significant spending on infrastructure, and the package’s components have broad appeal that crosses party lines. The legislation authorizes more spending for roads and bridges, upgrades to water systems, improvements in the power grids and expansion of broadband internet service. It would move separately from the $3.5 trillion package entailing much of Biden’s economic agenda, which Democrats seek to pass under Senate procedures with no GOP support.

Broadband Accord

A final barrier to the deal on broadband internet was cleared by Senators Jeanne Shaheen, a New Hampshire Democrat, and Susan Collins, a Maine Republican. It would give people with low incomes $30 per month to pay for broadband internet and require service providers to offer a “low cost plan.” It does not set specific prices.

The deal would be paid for by measures like re-purposing $200 billion in unspent Covid-19 relief funds, sales from the Strategic Petroleum reserve, increased customs user fees, government-sponsored enterprise fees and increased reporting requirements on cryptocurrency transactions. It also uses some funding sources that are sometimes called gimmicks, like counting revenue from future economic growth, extending cuts to future Medicare spending that Congress regularly turns off and allowing companies to defer pension contributions, thereby raising their tax burden.

The Senate group’s negotiations led by Portman and Sinema began in earnest after a failed effort between Biden and Senator Shelley Moore Capito, a West Virginia Republican, to craft a plan acceptable to members of both parties.

(Updates with vote scheduled in second paragraph, McConnell in seventh)

More stories like this are available on bloomberg.com

©2021 Bloomberg L.P.

A Brief Guide to Congress’s Packed Summer Schedule .
With conflicting reports on late-night talks and meaningless failed votes, it’s hard to track what Congress is doing. Here’s their pre-recess plan.With contradictory updates on senators’ late-night negotiations and failed votes that don’t actually mean anything, it’s easy to lose track of the bigger picture. Here’s a brief overview of the major issues members of Congress are focused on — an infrastructure deal and a budget resolution — and their plan for advancing them before the August recess.

usr: 1
This is interesting!