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U.S. House set to debate $1 trillion infrastructure bill Monday -Pelosi

EconomySep 24, 2021 02:06PM ET
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© Reuters. FILE PHOTO: The U.S. Capitol Building is pictured in Washington, U.S., August 20, 2021. REUTERS/Elizabeth Frantz

WASHINGTON (Reuters) - House Democratic leaders said on Friday they intended to forge ahead next week with U.S. President Joe Biden's $3.5 trillion social agenda as well as a $1 trillion bipartisan infrastructure bill.

But with Democrats continuing to squabble over details of the social spending, it was unclear when votes would actually occur.

House Speaker Nancy Pelosi wrote a letter to fellow Democrats vowing to "move forward to pass two jobs bills next week."

"The bill will come up on Monday," Pelosi told reporters, referring to the smaller of the two measures that would help spark road, bridge, airport, school and other construction projects. The Senate passed that bill with bipartisan support on Aug. 10.

Far more complex is Democrats' drive for $3.5 trillion for expanding healthcare for children and the elderly and for investing in steps to drastically reduce carbon dioxide and other emissions blamed for climate change.

Asked about the timing for that legislation on the House floor, Pelosi told reporters, "Have a little patience. Follow it, see it unfold. It’s interesting. We’re very encouraged."

A large group of progressive lawmakers insist that the $1 trillion infrastructure bill be held back until the $3.5 trillion was ready. Moderates want the $1 trillion bill enacted no matter the progress on the larger measure.

The moderates extracted a promise from Pelosi for a House vote on it by Sept. 27.

Meanwhile, lawmakers were expected to spend the weekend working out thorny matters, including possibly bringing down the $3.5 trillion price tag, setting specific tax increases to fully offset the cost and settling a dispute over lower prescription drug prices.

U.S. House set to debate $1 trillion infrastructure bill Monday -Pelosi
 

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Comments (5)
Forex Harbingers
Forex Harbingers Oct 05, 2021 2:08PM ET
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Haha, Pandora Papers proved my entire point true. Wake up liberals
Kochar Bipin
Kochar Bipin Sep 25, 2021 11:38PM ET
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A far better approach for Democrats would be to quickly pass the infrastructure bill and re-assess the social agenda bill in January as the employment gains from the infra bill would sharply reduce the spend on the social agenda bill.
Catholic Man
CatholicMan Sep 25, 2021 11:38PM ET
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LlOL, “employment gains from infra bill”. You almost sound like you believe it.
Alan Rice
Alan Rice Sep 24, 2021 7:06PM ET
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GOP APPROPRIATION: 21 CENTS.
king michael
king michael Sep 24, 2021 2:51PM ET
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Let all the rich people pay their tax first.
Forex Harbingers
Forex Harbingers Sep 24, 2021 2:51PM ET
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The rich 1% pay 40% of all income taxes collected. If you really want fair, do your research and demand a closing to all the loopholed that let the massive companies write off and off shore the rest of it all. Thats the real problem, raising their taxes with undoubtedly trickle down to us regular people otherwise.
Tre Hsi
Tre Hsi Sep 24, 2021 2:51PM ET
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Forex Harbingers  "The rich 1% pay 40% of all income taxes collected."  -- that's misleading and you know it, it doesn't include all income taxes, just the federal one, so if you include ****and State income and sales taxes....... the real stat should say, the richest 1% earn 21% of total income and pay 24% of total taxes
Catholic Man
CatholicMan Sep 24, 2021 2:51PM ET
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They already pay a higher percent.
Forex Harbingers
Forex Harbingers Sep 24, 2021 2:51PM ET
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Tre Hsi. Still saying the same now that Pandora Box got opened? Exactly what I said on my original statement just got Proven True. Close the loopholes first, or no matter what amount of taxes levied will get avoided.
Chris Kellerman
Chris Kellerman Sep 24, 2021 2:08PM ET
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Please stop destroying our country
Jm Vm
Jm Vm Sep 24, 2021 2:08PM ET
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We've already started fixing that problem by kicking the fat golfer to the curb.
 
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