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Biden, pushing $1.75 trillion spending bill, dealt setback on infrastructure

EconomyOct 28, 2021 08:57PM ET
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2/2 © Reuters. The U.S Capitol seen at night from Pennsylvania Avenue in Washington, U.S., October 24, 2021. REUTERS/Sarah Silbiger/File Photo 2/2

By Trevor Hunnicutt and Richard Cowan

WASHINGTON (Reuters) -U.S. President Joe Biden was dealt a setback on Thursday as the House of Representatives abandoned plans for a vote on an infrastructure bill with progressives seeking more time to consider his call for a separate $1.75 trillion plan for climate measures, preschool and other social initiatives.

Biden had sought to unite his party behind the climate and social spending plan with personal appeals on Thursday, and had pressed for a Thursday vote on the $1 trillion infrastructure bill, another main plank of his agenda.

He hoped a framework on the larger measure would convince progressive House Democrats to support the infrastructure bill, but their insistence that the two move together led House leaders to abandon a planned vote, leaving Biden empty handed.

"We have a historic economic framework" that will create jobs and make the United States more competitive, Biden said after a last-minute trip to Congress to enlist progressives' support. He then departed for a summit of leaders from the Group of 20 countries and global climate talks.

He left behind a U.S. Congress bubbling with conflicts and unanswered questions, but one that seemed to be inching towards votes on his economic agenda, perhaps within days.

How, exactly, it could come together remained a puzzle.

"Dozens of our members insist on keeping both bills linked and cannot vote only for one until they can be voted on together," Representative Pramila Jayapal https://www.reuters.com/world/us/negotiating-left-pramila-jayapal-now-center-joe-bidens-agenda-2021-10-28, a leader of House progressives, said in a statement.

The fight over $2.75 trillion in spending that could shape the U.S economy for years to come will play out in coming days with Biden, who has been heavily involved in negotiations, thousands of miles away. He won't return to the Washington until Wednesday.

In a meeting with House Democrats on Thursday, Biden pleaded for their support, according to a person familiar with the matter.

"I need you to help me; I need your votes," the person quoted Biden as saying. "I don’t think it's hyperbole to say that the House and Senate (Democratic) majorities and my presidency will be determined by what happens in the next week."

The White House said Biden's agenda was still on track, even if it was moving through Congress more slowly than the president might wish.

"We’re confident that soon we’ll pass both the Build Back Better Act and the Bipartisan Infrastructure Deal," White House spokeswoman Jen Psaki said in a statement.

Biden ran for president on a promise to curb growing inequality in America https://www.reuters.com/article/us-usa-biden-economy-analysis/can-joe-biden-recreate-the-u-s-economy-he-grew-up-with-idUSKBN2BO50O, using education and social spending paid for by companies and the rich. He vowed to depart from Republican tax-cutting including a 2017 tax reduction under his predecessor, Donald Trump.

The president had hoped to reach an agreement before the Rome G20 summit, where a global minimum tax will be high on the agenda, and a climate conference in Glasgow, where Biden hopes to present a message that the United States is back in the fight against global warming.

"Not everyone got everything they wanted, not even me," Biden conceded in his White House remarks. "But that’s what compromise is. That’s consensus. And that’s what I ran on."

Former President Barack Obama echoed a similar sentiment. "The Build Back Better framework doesn't contain everything the president had proposed and that some had hoped. But that's the nature of progress in a democracy," Obama said, calling the plan a "giant leap forward."

The White House said the larger spending plan framework Biden presented on Thursday would be fully paid for by repealing certain tax rebates passed under Trump and imposing surcharges on corporate stock buybacks and the earnings of the wealthiest Americans.

The framework includes $555 billion in spending for climate initiatives and six years of preschool funding among other top agenda items.

Many groups including labor unions welcomed the plan. "The reconciliation framework is a pro-worker victory: child care, home care, clean energy jobs, health care, tax fairness, immigration improvements and support for worker organizing," said AFL-CIO President Liz Shuler.

But the plan does not include paid family leave or a tax on billionaires. Some influential lobby groups and constituencies were angered by the absence of key Biden administration pledges.

"We are outraged that the initial framework does not lower prescription drug prices," AARP, an advocacy organization for the elderly, said in a statement.

The absence of paid leave, Democrats noted, left the United States as the only rich country and one of the few nations in the world that doesn't pay woman on maternity leave.

Some Republicans support the infrastructure measure but most lawmakers in that party oppose both bills, and Biden can only afford to lose three votes in the House to get either passed.

Biden, pushing $1.75 trillion spending bill, dealt setback on infrastructure
 

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Comments (17)
jason xx
jason xx Oct 29, 2021 5:15AM ET
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The race is on to pass both bills before fomc tapering tanks the market lol
Ferdinando Riboni
Ferdinando Riboni Oct 28, 2021 9:46PM ET
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Democrats want to hire 100k IRS agents to go after small business..so that they can continue to live free
jason xx
jason xx Oct 28, 2021 9:46PM ET
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You have to pay your taxes
Benjamin McIntire
Benjamin McIntire Oct 28, 2021 9:46PM ET
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Inventing lies again Ferdi?
Pratt Man
Pratt Man Oct 28, 2021 8:23PM ET
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billionaires and Trumpturds make out with this
Rodney Dangerfield
Rodney Dangerfield Oct 28, 2021 8:12PM ET
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the USD has lost 98% of its value since 1971
Pratt Man
Pratt Man Oct 28, 2021 8:12PM ET
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but average consumer wealth has gone up 317%
lance Lalonde
lance Lalonde Oct 28, 2021 8:07PM ET
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Trump 2024 can't get here soon enough
Pratt Man
Pratt Man Oct 28, 2021 8:07PM ET
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he won't be alive in 2024
Benjamin McIntire
Benjamin McIntire Oct 28, 2021 8:07PM ET
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Seditionist 2024. Red hats are all chicken hawks who simp for their daddy trump
James Pattison
James Pattison Oct 28, 2021 7:50PM ET
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The gdp to government debt parabola is about to turn negitive and when it descends it goes very fast… we will soon be spending 1$ in gov spending to bring back in .85$… but they will blame trump for it
Rodney Dangerfield
Rodney Dangerfield Oct 28, 2021 6:23PM ET
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rich people only buy the politicians or side that they agree with.... if you believe that punch yourself lol
Evan The Man
Evan The Man Oct 28, 2021 6:22PM ET
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Clay Douglas, your English **** go back to your Chinese shill school and learn some grammar before your next post.
James Pattison
James Pattison Oct 28, 2021 6:22PM ET
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Gotta love the person who attacks other people on thier grammar… abstinent by choice? Right? Right….
Clay Douglass
Clay Douglass Oct 28, 2021 3:49PM ET
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BS liars...Ain't Nutting getting signed..$200 million ,for a park,in Pelosis name..F NO!!!
jason xx
jason xx Oct 28, 2021 10:46AM ET
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Hes trying to ram it down thier throats
sal galeano
sal galeano Oct 28, 2021 10:38AM ET
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I hope it fails.
Ac Tektrader
Ac Tektrader Oct 28, 2021 10:38AM ET
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sal is another vote for American falure
Eudon Hickey
Eudon Hickey Oct 28, 2021 9:36AM ET
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Climate change is a hoax/smoke screen
Chris Cummins
Chris Cummins Oct 28, 2021 9:36AM ET
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And the Earth is flat!
Ac Tektrader
Ac Tektrader Oct 28, 2021 9:36AM ET
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you could end all your troubles Hickey, just move to the Texas panhandle. or maybe the gulf Coast of Florida. I know we'd all feel a lot better for your safety. After all there haven't been any category 5 hurricanes or f6 tornados reported....yet.
Kaveh Sun
Kaveh Sun Oct 28, 2021 9:27AM ET
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Enough with climate change c#. It is a tool to milk/tax u. They already raise tax on all of us via electricity,gas, cooking gas,etc
Chris Cummins
Chris Cummins Oct 28, 2021 9:27AM ET
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Vax will turn you into a lizard! The earth is flat! Go Trump! Go Jesus!
Catholic Man
CatholicMan Oct 28, 2021 9:07AM ET
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He heard they had ice cream.
Chris Cummins
Chris Cummins Oct 28, 2021 9:07AM ET
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Vax will turn you into a lizard! The earth is flat! Go Trump! Go Jesus!
palmer gossett
palmer gossett Oct 28, 2021 9:07AM ET
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anyone that's for what's being pushed by this wh administration is clueless, get educated
Evan Ault
Evan Ault Oct 28, 2021 9:04AM ET
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let's be honest here... he didn't "race" anywhere...
Olgrim Gri
Olgrim Oct 28, 2021 7:48AM ET
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https://babylonbee.com/news/biden-says-we-can-afford-35t-bill-because-china-just-gave-him-a-new-35t-visa-card-with-low-introductory-rate
jason xx
jason xx Oct 28, 2021 7:34AM ET
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They can't agree on anything lol
 
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