The bill includes 550 billion dollars in new spending on infrastructure projects, such as roads, bridges, passenger rails, drinking water and waste water systems. The rest of the infrastructure package involves previously approved spending. The U.S. Senate approved the bill in August. Then progress...
But some Biden officials hope that splitting the two pieces of legislation could open up a path for the the infrastructure portion to clear the threshold established by the inevitable Republican filibuster, which, at the moment, creates a 60-vote standard for the legislation to pass. Eternal infr...
U.S. President Joe Biden on Monday signed into law a bipartisan 1-trillion-U.S.-dollar infrastructure bill after months of delay amid Democratic infighting over a social spending package.
Loading low-carbon energy initiatives into an infrastructure bill will likely be more divisive in Congress than previous Covid stimulus legislation. The last major push to pass climate legislation through the Senate was in 2009, when congressional Democrats failed to pass a carbon-pricing system. ...
With voters right now broadly in support of raising taxes on the wealthy to fund infrastructure improvements, the Biden administration is hoping that GOP opposition to the bill is limited to Capitol Hill. “We know it has bipartisan support in the country,” Klain said Thursd...
economic ambrosia. So, it's not surprising that nearly every president since the Great Depression has argued for an unprecedented infrastructure bill when faced with economic collapse. A large portion of the public on both sides of the aisle has been trained to think these programs will save us...
Biden did oversee the passage of multiple, bipartisan bills to improve the country. Thebipartisan infrastructure lawis meant to improve things across the country. Propping up asemiconductorchipindustryis also meant to make the US more independent from China. ...
The bipartisan infrastructure bill that President Joe Biden signed into law Monday marks a milestone in his effort to reorient Democratic economic policy away from the strategy of his party’s past two presidents.
That’s what Joe Biden calls a once-in-a-lifetime infrastructure bill. He’s right about part of it: It is once in a lifetime. If this passes, the next generation will life in a very different country. Before we tell you what’s in the bill, a word about who will pay for it....
And while the two sides seem to be narrowing the gap on an infrastructure bill — the GOP coming up to $928 billion on Thursday, the White House having come down to $1.7 trillion — how to pay for those projects remains a possible deal-killer....