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'Finally, infrastructure week!' Biden says, cheering $1 trillion bill

EconomyNov 06, 2021 01:40PM ET
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© Reuters. U.S. President Joe Biden delivers remarks after late-night passage of a $1 trillion infrastructure bill to repair the nation's airports, roads and bridges, next to U.S. Vice President Kamala Harris, at the White House in Washington, D.C., U.S. November 6,

By Steve Holland and Heather Timmons

WASHINGTON (Reuters) -A giddy President Joe Biden on Saturday hailed congressional passage of a long-delayed $1 trillion infrastructure bill as a "once in a generation" investment and predicted a broader social safety net plan will be approved despite tense negotiations.

Biden and Vice President Kamala Harris appeared in the White House State Dining Room about 12 hours after moderate and progressive Democrats in the House of Representative overcame internal bickering and delivered the president his biggest legislative win thus far.

"Finally, infrastructure week," Biden said with a chuckle. "I'm so happy to say that - infrastructure week!"

The president's comment referred to a running joke in recent years after Biden's Republican predecessor Donald Trump declared https://www.reuters.com/article/us-usa-trump-russia-week/confluence-of-crises-crashes-trumps-infrastructure-week-idUSKCN1G02M6 "Infrastructure week" in 2018 but was unable to pass a bill after multiple tries during his presidency.

The bipartisan bill's passage gives Biden a jolt of good news https://www.reuters.com/world/us/with-infrastructure-vote-congress-gives-biden-long-needed-jolt-good-news-2021-11-06 after sobering election losses for his Democratic party this week and a drop in his approval ratings. Referring to the losses, Biden said they showed American people "want us to deliver."

"I think the one message that came across was - 'get something done. It's time to get something done - stop talking,'" said Biden.

The United Steelworkers union welcomed the bill's passage.

"The House has passed the #InfrastructureBill, which would provide roughly $1 trillion for upgrading the nation’s critical infrastructure. This is a big freakin' deal for us because Steelworkers supply America in so many ways!" the union tweeted.

The bill had been caught up for months in bitter fighting between Democrats and the impasse had raised questions about Biden's effectiveness.

With Biden making multiple phone calls to lawmakers urging a compromise, an agreement was worked out late on Friday for the House to vote by Nov. 15 on Biden's proposed $1.75 trillion Build Back Better social safety net plan.

This allowed lawmakers to go forward on the infrastructure bill and it passed with backing from 215 Democrats, and in a move that annoyed the conservative right, 13 Republicans helped provide the margin of victory. A half dozen progressive Democrats voted no.

Biden said that in his last-gasp negotiations with Democrats to try to get the bill passed, he urged them, "Let's be reasonable."

"Last night we proved we can, on one big item, we delivered," he said of the bill, which includes https://www.reuters.com/world/us/roads-bridges-airports-details-bidens-1-trillion-infrastructure-bill-2021-11-05 tens of billions in investments in road, rail, public transport and broadband.

Biden was in an upbeat mood in taking questions from reporters, at one point playfully putting his hands over his eyes to pick out a journalist to call on.

He said he will sign the bipartisan bill "soon" in a formal signing ceremony that highlights all the people who worked on it, Democrats and Republicans alike.

He plans to visit some ports next week to promote the bill and Americans should see the impacts in coming months, he said, offering Democrats something to campaign on as they try to head off losses in next year's congressional elections.

The infrastructure bill will create "blue collar" jobs modernizing roads and bridges, and transform the transportation system, Biden said. The "vast majority" of the jobs created will not require a college degree, he said.

Americans "will see the effects of this bill probably starting within the next two to three months," he said.

'Finally, infrastructure week!' Biden says, cheering $1 trillion bill
 

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Comments (25)
Olgrim Gri
Olgrim Nov 07, 2021 5:29PM ET
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Socialist revolution, American way. ... same results - Soviet Union socialism doesn't teach anyone.
Johnnie Walker
Johnnie Walker Nov 06, 2021 5:06PM ET
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Green on monday
Rodney Dangerfield
Rodney Dangerfield Nov 06, 2021 3:55PM ET
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Here's something shocking you may not know both Republicans and Democrats are owned by the same people all this nonsense is used to confuse and divide lol
Mario Fe
Mario Fe Nov 06, 2021 3:55PM ET
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Spot on!
Todd Gray
Todd Gray Nov 06, 2021 3:18PM ET
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open up oil pipelines, and all forms of US production. We don't want high prices for mere oil over an agenda.
Melissa Brown
Melissa Brown Nov 06, 2021 2:31PM ET
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Republicans who voted... good luck with re-election. lol
Patron Silver
Patron Silver Nov 06, 2021 2:31PM ET
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I would have said the same for the ones that voted for the corporate tax cuts but alas they were re-elected
Co Gonz
Co Gonz Nov 06, 2021 2:31PM ET
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makes no sense
sourav jain
sourav jain Nov 06, 2021 2:19PM ET
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more liquidity, more bullrun, bigger bubble
sourav jain
sourav jain Nov 06, 2021 2:19PM ET
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more liquidity, more bullrun, bigger bubble
Tom Skinner
Tom Skinner Nov 06, 2021 2:13PM ET
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Good thing CAMEL has a mask on.  So effective. (/sarc /sarc /sarc)
Jo Pa
Jo Pa Nov 06, 2021 2:05PM ET
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The money will only be given to woke and 'diverse' companies that fund his campaign.
Empire Destroyer
Empire Destroyer Nov 06, 2021 2:05PM ET
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Like WTO? The Woke Trending Organisation...
Eudon Hickey
Eudon Hickey Nov 06, 2021 2:01PM ET
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Why call it infrastructure if only 9% goes to infrastructure?
Rajesh Kumar
Rajesh Kumar Nov 06, 2021 1:56PM ET
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Blue collar job, no college degree required, more roads and bridges... is he laying the foundation of drug mafia and illegal immigrants based economy.
Joe Jackmoe
Joe Jackmoe Nov 06, 2021 1:56PM ET
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As long as it deeps your Desi ******out of here I'm ok with it
Young Money
Young Money Nov 06, 2021 1:31PM ET
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Whats up with the comments in here they are acting like the world is ending because we are going to fix roads
jason xx
jason xx Nov 06, 2021 1:31PM ET
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More Ons with agendas
Jo Pa
Jo Pa Nov 06, 2021 1:31PM ET
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Why aren't states fixing their own roads?
Co Gonz
Co Gonz Nov 06, 2021 1:07PM ET
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fix labor shortages and stop creating too much debt compared to output gap
Kevin Avila
Kevin Avila Nov 06, 2021 1:05PM ET
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Oof! We are a truck heading down a foggy road whilst going 55mph and we can only see 5ft in front of us… Its not just a single deer on the road ahead…
Co Gonz
Co Gonz Nov 06, 2021 1:05PM ET
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full on dictator- run up debt- create economic crisis- people riot- government prints more- more debt and inflation- 40 years later unless states leave union
James Pattison
James Pattison Nov 06, 2021 12:57PM ET
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Democrats strive to make the rich richer and the poor poorer… Inflation is a tax on all americans that impacts the low wage earners the worst… Inflation is almost at all time highs… food prices almost at all time highs… fanning inflation increases the wealth gap as wages are not rising faster than inflation…
Samantha Sa
Samantha Sa Nov 06, 2021 12:57PM ET
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You say that as if Republican monetary policies hadn't run up inflation and deficits before Biden was elected.
Co Gonz
Co Gonz Nov 06, 2021 12:57PM ET
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Republicans don't create inflation but good try- if you can list policies and steps to how it created inflation and deficit lets hear it
Samantha Sa
Samantha Sa Nov 06, 2021 12:57PM ET
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Co Gonz Most recently the Tax Cut and Jobs Act in 2017 added two to three trillion to the deficit without a meaningful different in job growth which was already occurring and projected to occur before 2017.
James Pattison
James Pattison Nov 06, 2021 12:43PM ET
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The boomers continue to spend the money for the future generations so they will never live through a reccession… they will retire rich and crash the economy as they leave… when will millenials begin to realize this…
Llewellyn Kruger
Llewellyn Kruger Nov 06, 2021 12:41PM ET
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Funny how quick they pushed this threw after the left lost Virginia.
Rodney Dangerfield
Rodney Dangerfield Nov 06, 2021 12:20PM ET
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the USD has lost 98% of its value since 1971... with the first stimulus Bill signed by Trump we printed more money in 2 months then we have since the signing of the Constitution
Hakeem Okoro
Hakeem Okoro Nov 06, 2021 12:20PM ET
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say it louder for the dummies In the back
Co Gonz
Co Gonz Nov 06, 2021 12:20PM ET
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are you saying stimulus wasn't needed? stimulus would've been "printed" no matter who was president at the time
Spoetzl Investing
Spoetzl Investing Nov 06, 2021 11:52AM ET
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I'm old enough to remember when Reuters pretended to host honest journalism. No such pretense anymore.
Benjamin McIntire
Benjamin McIntire Nov 06, 2021 11:52AM ET
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Easily triggered
James Pattison
James Pattison Nov 06, 2021 11:52AM ET
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They still claim to be but its claims are equivalent to the flat earthers
Felipe Daniel
Felipe Daniel Nov 06, 2021 11:52AM ET
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Benjamin McIntire Because you watch CNN you believe the propaganda
Benjamin McIntire
Benjamin McIntire Nov 06, 2021 11:52AM ET
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Felipe Daniel i dont watch cnn lmfao, but dollars fo doughnuts you watch fox and other equivalent or worse without even seeing the irony :)
Eddy van Dorst
Eddy van Dorst Nov 06, 2021 11:45AM ET
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biden is the end of the US
Kaveh Sun
Kaveh Sun Nov 06, 2021 10:53AM ET
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1.5 mil jobs ‘save or create’ at most. Obama American Recovery(ie Obama Shovel Ready) cost 831billions and ‘save or create’ only 1.1mil jobs. This infrastructure is a copy of Obama. Generation my rear.
Steve Bucher
Steve Bucher Nov 06, 2021 10:45AM ET
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The Depression was once in a generation also.
Josh Davis
Josh Davis Nov 06, 2021 10:34AM ET
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Yea once in a generation because it will take that long to take effect and pay for it.
Phil Smith
Phil Smith Nov 06, 2021 10:31AM ET
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Millions?
 
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