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'Certainly not my intent': Biden walks back infrastructure veto remarks

Published 06/26/2021, 03:18 PM
Updated 06/26/2021, 09:25 PM
© Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on the bipartisan infrastructure deal in the East Room of the White House in Washington, U.S., June 24, 2021. REUTERS/Kevin Lamarque

By Jarrett Renshaw

WASHINGTON (Reuters) -U.S. President Joe Biden on Saturday withdrew his threat to veto a $1.2 trillion bipartisan infrastructure bill unless a separate Democratic spending plan also passes Congress, saying that was never his intent.

Moments after announcing the bipartisan deal on Thursday, Biden appeared to put it in jeopardy with his comment that the infrastructure bill would have to move in "tandem" with a larger bill that includes a host of Democratic priorities that he hopes to pass along party lines.

He said of the infrastructure bill on Thursday that "if this is the only thing that comes to me, I’m not signing it."

Those comments sparked criticism from some Republican lawmakers who were party to the deal and accused the president of making new demands. Biden sought to clarify his position on Saturday in the hope of keeping the bipartisan deal from unraveling.

"My comments also created the impression that I was issuing a veto threat on the very plan I had just agreed to, which was certainly not my intent," Biden said in a statement issued on Saturday.

The new comments create some distance between the White House and House Speaker Nancy Pelosi, who said on Thursday that Democrats would not consider the bipartisan infrastructure package until both it and a larger spending plan aimed at climate, American families and other social priorities pass the Senate.

Biden said he is prepared to defend both spending packages against Democrats and Republicans and said they should be considered independent of each other. He will be making the case across the country, starting in Wisconsin on Tuesday.

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"We will let the American people – and the Congress – decide," Biden said.

Biden's previous comments had put internal party pressure on the 11 Republicans in the group of 21 senators who endorsed the infrastructure package to abandon the agreement.

The $1.2 trillion framework includes $579 billion in new spending on major investments in the power grid, broadband internet services and passenger and freight rail. The package would be paid for through more than a dozen funding mechanisms, including $100 billion in estimated tax revenues from a ramp-up in enforcement by the Internal Revenue Service, and unused COVID-19 aid money.

Meanwhile, Democrats are cobbling together a spending bill that could include money for schools, climate change mitigation, and support for parents and caregivers. It will also likely include Biden's bedrock pledge to make the U.S. economy more fair by increasing taxes on the rich and corporations.

That spending bill would most likely have to pass through a legislative process known as reconciliation that avoids a Senate rule requiring 60 votes to move a bill along. Democrats cannot afford to lose one vote in the Senate if they want to pass a spending bill along party lines.

Latest comments

LOL you know you are an incompetent buffoon when even an investing site has to have a team come through and clean up/censor the comment section to hide criticism of you
My college roommate used to be in the Peace Corps and when he was stationed in Romania he and his team were to build a 2.5-mile road through a forest. Their calculated cost for the project was EUR 600'000, their budget EUR 5 million. Long story short, the road was never completed and the entire budget was also gone.  Kind of expect to see the same with Biden's infrastructure bill. We will probably get a few new pointless road signs and a bridge or two will get a new repaint and that's it, the rest of the money ends up in local government officials' pockets.
Wasn't this deal, according to Reuters, a win for Biden!!!! Still wondering who the liar is?
Hmm ok
good morning
He forgot what he said.
Best POTUS everrrrr lol
any expert s can told me that after this Biden dialogue market down or up
dont rely only on news do some calculation also take look on the chart
Lol.  unless there is money for shemales, I'm not signing it!
HeShes
Now, now, everybody please calm down.  Biden is not a liar, he's not sneaky, he's not two-faced.  He's a very, very nice man who just HAPPENS to be Senile, that's all.
Government spending needs to go on a diet
let's try a fast. when was the last time government got smaller?
1.3 Trillion? Just yesterday it was 700million . Last month it was 3 Trillion. Raise the rates Powell lmao. Even a .25 % increase will bring the markets crashing down.
Joe Biden is a stupid sonofagun
Yawn, Biden lies, it is nothing new.
Duuh. He’s a polititian. a person who acts in a manipulative and devious way, typically to gain …. They all are lying SOB’s. EVERY ONE!
Please Bl den, go to a nursing home
He doesnt know whoch end the *******comes out of…
good job we have the lamestream media to breakdown what sippy cup was told....
I'd certainly understand if the Republicans pulled out. I believe bad faith bargaining is a often a crime in contract law. It seems to be the norm among politicians.
Crime is the norm with all politicians… the less power they have… the less money the better
Biden controls nothing. The central banks and corporate lobbyists do.
The rich do.
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