Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Republicans Senate negotiators ready to move forward on infrastructure after Biden walkback

EconomyJun 27, 2021 01:36PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
3/3 © Reuters. FILE PHOTO: Senator Rob Portman (R-OH) walks along news reporters before attending a vote, on Capitol Hill in Washington, U.S., June 23, 2021. REUTERS/Tom Brenner 2/3

By Doina Chiacu

WASHINGTON (Reuters) -Republican Senate negotiators on an infrastructure deal were optimistic about a $1.2 trillion bipartisan bill on Sunday after President Joe Biden withdrew his threat to veto the measure unless a separate Democratic spending plan also passes Congress.

U.S. Senator Rob Portman said he and his fellow negotiators were "blindsided" by Biden's comments on Thursday after a rare bipartisan compromise to fix the nation's roads, bridges and ports.

"I was very glad to see the president clarify his remarks because it was inconsistent with everything that we had been told all along the way," Portman said in an interview with ABC.

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.

"If this is the only thing that comes to me, I’m not signing it," he said.

The comments put internal party pressure on the 11 Republicans in the group of 21 senators who endorsed the infrastructure package to abandon the agreement.

Biden issued a statement on Saturday that essentially withdrew that threat, saying that was "certainly not my intent."

"We were glad to see them disconnected and now we can move forward," Portman said on Sunday.

Senator Bill Cassidy said he hoped members of the divided Senate could move beyond the controversy stirred by Biden's remarks on Thursday.

"I think leader (Mitch) McConnell will be for it, if it continues to come together as it is," Cassidy said on NBC.

Another Republican involved in the bipartisan talks, Senator Mitt Romney, said he was confident Biden would sign the bipartisan bill if it reaches his desk without a separate Democratic spending plan.

"I do take the president at his word," Romney said in an interview with CNN.

White House adviser Cedric Richmond, however, would not say whether Biden would sign the bipartisan infrastructure and jobs legislation even if he does not have a larger spending bill to go with it.

Richmond said in several television appearances on Sunday that Democrats expect to get both bills to the president's desk.

"We don't have to talk about conditions," Richmond told "Fox News Sunday."

In addition to the 11 Republicans who already endorsed the deal, at least five more Republicans would likely vote for the measure, Democratic Senator Jon Tester said on CBS' "Face the Nation."

"I think we're also going to see bumps in the road as this goes forward through the process," Tester said. "In the end, we’ll get this through the Senate."

Republicans Senate negotiators ready to move forward on infrastructure after Biden walkback
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (8)
Pat Mathieu
Pat Mathieu Jun 28, 2021 1:29AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Erratum: "Another Neocon backstabber ..., Mitt Romney"
Byedin Youlost
Byedin Youlost Jun 27, 2021 8:17PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Fake President
Fahmi Yazit
Fahmi Yazit Jun 27, 2021 1:05PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Dji downnnn
Ad Cline
Ad Cline Jun 27, 2021 11:25AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
"American socialism" were corporate losses are "socialized" through tax giveaways, and government handouts to corporations.
Gary Christy
Gary Christy Jun 27, 2021 11:25AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I know just look at all the government handouts to the failed companies of wind and solar power in the past years
Ad Cline
Ad Cline Jun 27, 2021 11:25AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Gary Christy there's a difference between investments in research and development and direct give a ways to major corporations.
Aux Gold
Aux Gold Jun 27, 2021 11:25AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Gary Christy key word “failed” companies . So let them fail. Funny i wouldnt get a bail out if my comapany was to lose money .
Ad Cline
Ad Cline Jun 27, 2021 11:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
"American socialism" were corporate losses are "socialized" through tax giveaways to corpoations.
Robert Cutler
Robert Cutler Jun 27, 2021 10:58AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Has anyone heard the term "American Socialism"?
Kaveh Sun
Kaveh Sun Jun 27, 2021 10:35AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Biden will have the ‘human infrastructure’ done without GOp.
Gary Christy
Gary Christy Jun 27, 2021 10:35AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
yep they will change the rules and lie and cheat like they usually do. when Republicans gain power they need to lie and cheat just like the Democrats to do what they want to do
MuraliKrishna Brahmandam
MuraliKrishna Brahmandam Jun 27, 2021 10:18AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Yes
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email