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Pelosi sets Oct 1 target for infrastructure, Biden spending bill

EconomyAug 21, 2021 11:15PM ET
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2/2 © Reuters. A Skanska contractor guides heavy machinery during the construction works of the Sixth Street Viaduct replacement project in Downtown Los Angeles, California, U.S., August 11, 2021. REUTERS/Bing Guan 2/2

WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi on Saturday set an Oct. 1 target date for passing President Joe Biden's multitrillion-dollar infrastructure and social spending agenda.

In a "Dear Colleague" letter to her fellow Democrats, Pelosi also warned against delaying next week's expected vote on a $3.5 trillion budget resolution that some party centrists have threatened not to support.

"Any delay to passing the budget resolution threatens the timetable for delivering the historic progress and the transformative vision that Democrats share," the top House Democrat said in the letter.

The Senate has already passed both a $1 trillion bipartisan infrastructure bill to rebuild America's roads, bridges, airports and waterways, and the budget resolution, which includes spending instructions for Biden's Build Back Better Plan on education, childcare, healthcare and climate measures.

"The House is hard at work to enact both the Build Back Better Plan and the bipartisan infrastructure bill before October 1st, when the (infrastructure bill) would go into effect," Pelosi said in the letter.

The infrastructure bill and the more sweeping social spending package are top domestic priorities for Biden.

Pelosi sets Oct 1 target for infrastructure, Biden spending bill
 

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Comments (8)
Millennial Metals
Millennial Metals Aug 22, 2021 4:18AM ET
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Hyperinflation 2-3 years away mark my words
Yellow Drill
Yellow Drill Aug 22, 2021 2:14AM ET
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Pelosi says the bill has to pass by Oct. 1.  She must have call options on some infrastructure stocks that expire after that. Then it passes in December 15th..Ohhhhhh...can't wait!!
said salum
said salum Aug 22, 2021 2:14AM ET
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LMAO
Yellow Drill
Yellow Drill Aug 22, 2021 2:12AM ET
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Cutoff switches meaning the police can shut your car off?   Ohhhhhhh the Abuse of shutting off ones car while driving down the innocent road.And no police is around. Pfffftttt....Next time you're chasing after the criminal,,,,RUN !
Scott Patterson
Scott Patterson Aug 22, 2021 12:43AM ET
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Be sure to read the parts about a new mileage tax and forcing auto manufacturers to install remote cut-off swtches in new cars, trucks, and SUVs by 2024.
Eudon Hickey
Eudon Hickey Aug 22, 2021 12:02AM ET
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if infrastructure consist of 9% of the amount, you can harly say it is an infrastructure bill. This is a bonus to the corrupt players in the for the election fraud. Anyway, seems to be legal for Pelosi to engage in insider trading, yet others, like Martha Stewart (to name only one) was sentenced to jail.
Jay Cho
Jay Cho Aug 22, 2021 12:02AM ET
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“This is a bonus to the corrupt players ‘in the for the election fraud’”1. Source - Trust me, bro2. Clearly, you couldve benefitted from rhe upgrades to our education system that this bill will provide
Connecticut Yankee
A_Jaundiced_Eye Aug 21, 2021 11:17PM ET
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Pelosi says the bill has to pass by Oct. 1.  She must have call options on some infrastructure stocks that expire after that.
milena villa escobar
milena villa escobar Aug 21, 2021 11:17PM ET
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Trump was right about EVERYTHING
milena villa escobar
milena villa escobar Aug 21, 2021 11:16PM ET
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So Nancy pelosi is keeping the home fires burning with 4.7 trillion dollars in spending while Biden screws everything up in afghanistan. What a great team
Mark Stallone
Mark Stallone Aug 21, 2021 11:13PM ET
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Infrastructure bill? HA! HA! HA! Keep playing that fiddle, Nero.
 
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