• Pelosi suggests tying infrastructure plan and $3.5 trln budget resolution

    7 Sep 2021 | Economic News
  

Pelosi suggests tying infrastructure plan and $3.5 trln budget resolution

 

U.S. House Speaker Nancy Pelosi told lawmakers Sunday that she had asked a House committee to advance both a $1 trillion infrastructure plan and a $3.5 trillion spending package together, an apparent effort to patch up divisions that had threatened to stall President Joe Biden's legislative priorities.

 

Nine moderate Democrats said last week that they would not support the $3.5 trillion budget resolution until the infrastructure bill, which cleared the Senate with bipartisan support, becomes law. Progressive lawmakers had said the spending plan must go first, though it likely will not be complete until fall. Either faction could stall both packages.

 

The U.S. Senate approved both the infrastructure legislation and the outline of a separate plan loaded with investments in new domestic programs. But the combined price tag of the two measures created fissures between the progressive and moderate wings of the Democratic Party, which controls both chambers of Congress by narrow margins.

 

Reference: Reuters


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