• U.S. Senate pivots to $3.5 trillion bill, key to Biden's agenda

    11 Aug 2021 | Economic News
  

 

U.S. Senate pivots to $3.5 trillion bill, key to Biden's agenda


The Democratic-controlled U.S. Senate on Tuesday passed a massive infrastructure bill and immediately kicked off debate on a $3.5 trillion spending blueprint for President Joe Biden's key priorities on climate change, universal preschool and affordable housing.


The bipartisan $1 trillion infrastructure bill, which the 100-member chamber passed in a 69-30 vote, could provide the nation's biggest investment in decades in roads, bridges, airports and waterways.


House Majority Leader Steny Hoyer, a Democrat, said the House would return Aug. 23 to consider the budget resolution, if the Senate passes it.


House of Representatives Speaker Nancy Pelosi has repeatedly said that her chamber will not take up the infrastructure bill or spending package until both are delivered, which will require the Democratic leadership to hold its narrow majorities in Congress together to get the legislation to Biden's desk.


Reference: Reuters

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