This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Infrastructure victory threatens Biden budget bill after Democratic infighting
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Trending > Infrastructure victory threatens Biden budget bill after Democratic infighting
Trending

Infrastructure victory threatens Biden budget bill after Democratic infighting

Editorial Board Published November 7, 2021
Share
Infrastructure victory threatens Biden budget bill after Democratic infighting
SHARE

President Biden took a victory lap after the passage of the $1.2 trillion bipartisan infrastructure deal, calling it “a monumental step forward for the nation,” and then he set his sights on the next, bigger goal.

White House officials said the hard-fought and long-delayed legislative win gave Democrats momentum for the rest of Mr. Biden‘s ambitious agenda, namely a $1.75 trillion bill that would be a historic expansion of the welfare state. The big bill, however, remains deeply mired in intraparty fighting in Congress.

Mr. Biden’s team on Sunday said that with infrastructure out of the way, the pressure is mounting on congressional Democrats for a breakthrough on the $1.75 trillion social welfare and climate change bill. The package stalled in recent weeks, with both House and Senate Democrats crafting competing proposals without much consideration of the other.

“We are optimistic we’re going to get it done,” White House senior adviser Cedric Richmond told “Fox News Sunday.” “The president has an ambitious plan for the American people and the American economy and he’s going to invest in them.”

House Speaker Nancy Pelosi, California Democrat, pledged to hold a vote on the social welfare bill before Nov. 15. The timeline already suffered significant pushback from her party’s moderate faction, who have reservations about the bill.

Progressives say they are more determined than ever to score a win on Mr. Biden’s massive Build Back Better bill, which is the bulk of his legislative agenda. They note that the roads and bridges package would have failed if not for the crossover support of Republicans.

Mrs. Pelosi can only afford to lose three Democrats on any single vote. Six far-left lawmakers voted against the infrastructure bill, but those defections were offset by 13 House Republicans voting yes.

Future legislation, especially social and climate bill, Mr. Biden won’t have the GOP to bail him out.

“Either you are for the people who sent you to Congress or you are with the billionaires, corporate lobbyists and Big Pharma,” said Rep. Rashida Tlaib, a far-left Democrat from Michigan. “It’s time to choose.”

Moderate House Democrats like Rep. Josh Gottheimer say they will need an in-depth analysis of its cost from the Congressional Budget Office before they can support the legislation. Mr. Gottheimer and his allies prevented Mrs. Pelosi from holding a vote on the more than 2,000-page bill earlier this week because such data was unavailable.

Despite worries about the cost of the bill, Mrs. Pelosi has significantly expanded it, adding paid leave and an overhaul for Medicare prescription drug pricing — claiming the price tag is still only $1.75 trillion.

If the final bill includes another $100 billion to overhaul the immigration system, which Democrats want, the price tag rises to $1.85 trillion.

Mr. Gottheimer said he would be comfortable voting for the package provided the $1.75 trillion figure was accurate and the bill did not add to the deficit.

“We expect it all to match up with what was presented and we’ll move forward,” he said on CNN’s “State of the Union.”

The unwillingness of moderates to commit to the proposal outright underscores the ideological divisions and distrust among members of Mr. Biden’s party.

Given that Mr. Biden’s social welfare bill will pass using a party-line process known as budget reconciliation, which allows some spending measures to avert the Senate’s 60-vote filibuster threshold and pass via simple majority, the disunity could prove costly.

Democrats hold a 50-50 split in the Senate and only a three-seat majority in the House. The legislation needs to be acceptable to almost everyone, a feat proving nearly impossible given the ideological rift between moderate and progressive Democrats.

Complicating matters is that any reconciliation bill that moves past the House will be heavily altered by the Senate, where two moderate Democrats, Sens. Joe Manchin III of West Virginia and Kyrsten Sinema of Arizona, hold the balance of power.

“It will not be enacted as is. Everybody needs to sit with that and get comfortable with it,” said Sen. Brian Schatz, Hawaii Democrat.

Progressives fear that moderates will sink the bill. Mr. Manchin and Ms. Sinema already succeeded in cutting the size and scope of the measure.

The lawmakers forced Mr. Biden to trim the price tag of the spending bill from $3.5 trillion to $1.75 trillion. In the process, the White House dropped long-favored liberal priorities such as paid family leave.

Sign up for Daily Newsletters

TAGGED:TrendingWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article ‘Eternals’ opens with M but audience response is mixed ‘Eternals’ opens with $71M but audience response is mixed
Next Article Saudi Arabia close to joining Abraham Accords with Israel, UAE Saudi Arabia close to joining Abraham Accords with Israel, UAE

Editor's Pick

New Council of Financial Advisors report finds tariffs not inflicting inflation

New Council of Financial Advisors report finds tariffs not inflicting inflation

Former Trump administration head of financial coverage Tomas Philipson discusses President Trump’s commerce talks with South Korea and Japan, present…

By Editorial Board 4 Min Read
NBA Summer time League takeaways: Warriors rookie Will Richard makes debut vs. Spurs
NBA Summer time League takeaways: Warriors rookie Will Richard makes debut vs. Spurs

Richard makes debut SAN FRANCISCO – The Warriors‘ acquisition of their three…

5 Min Read
Moriah Plath Reveals Complete Hair Loss Attributable to Alopecia
Moriah Plath Reveals Complete Hair Loss Attributable to Alopecia

Studying Time: 3 minutes Moriah Plath is clearing the air, as a…

5 Min Read

Oponion

AI-powered app gives personalised allergy forecasts

AI-powered app gives personalised allergy forecasts

Johns Hopkins Faculty of Medication professor Dr. Marty Makary particulars…

September 18, 2024

Olivia Rodrigo to showcase the making of her ‘Sour’ album in new documentary

Olivia Rodrigo announced that a new…

February 18, 2022

All the fact-checkers in the world can’t save the public health community’s clown show

OPINION: Last week I wrote, and…

January 12, 2022

Reside 49ers updates: Niners wrap season with divisional matchup at Cardinals

The 49ers shut out their season…

January 5, 2025

Eating places take care of excessive prices as DOJ reportedly seems to be into egg costs

FOX Enterprise' Madison Alworth discusses the…

March 10, 2025

You Might Also Like

“A Family’s Fight to Reclaim Their Legacy”
Trending

“A Family’s Fight to Reclaim Their Legacy”

Introduction: For generations, the Wright family has worked and lived on their land in Phillips County, Arkansas. But a battle…

5 Min Read
Streamline, Scale, Succeed: Why Global Enterprises Are Moving to Odoo ERP
TechTrending

Streamline, Scale, Succeed: Why Global Enterprises Are Moving to Odoo ERP

Introduction Global businesses face a growing need for centralized, scalable systems. Many still rely on disconnected software tools for operations,…

6 Min Read
Beloved Children’s Book 𝑻𝒉𝒆 𝑴𝒂𝒑 𝑴𝒚 𝑴𝒐𝒎𝒔 𝑮𝒂𝒗𝒆 𝑴𝒆 Returns to Best-Seller Status Years After Its Release — and Fans Are Begging for More
LifestyleTrending

Beloved Children’s Book 𝑻𝒉𝒆 𝑴𝒂𝒑 𝑴𝒚 𝑴𝒐𝒎𝒔 𝑮𝒂𝒗𝒆 𝑴𝒆 Returns to Best-Seller Status Years After Its Release — and Fans Are Begging for More

Years after its quiet but powerful debut, "The Map My Moms Gave Me" has reclaimed the spotlight — this time…

6 Min Read
Model With a Mission: In Conversation With Maurice Giovanni
EntertainmentTrending

Model With a Mission: In Conversation With Maurice Giovanni

There are models who simply wear clothes—and then there are models who wear the weight of experience, resilience, and purpose…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?