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$1 trillion U.S. infrastructure bill inches ahead with Senate votes

Published 08/08/2021, 10:00 AM
Updated 08/09/2021, 04:35 AM
© Reuters. FILE PHOTO: Kids visiting from Houston, Texas run to the Capitol steps as Republican and Democratic leaders continue to work on an amendment to the bipartisan infrastructure bill at the U.S. Capitol in Washington, DC, U.S., August 7, 2021. REUTERS/Ken Ced

By Richard Cowan and Arshad Mohammed

WASHINGTON (Reuters) -The U.S. Senate on Sunday took two more steps toward passing a $1 trillion bipartisan infrastructure bill by blessing the details of the largest U.S. investment in roads and bridges in decades and by moving to limit debate on the overall measure.

In a 69-28 vote, 19 Republicans joined 48 Democrats and two independents to support the provisions of a compromise that was the result of painstaking negotiations by a group of Republicans and Democrats.

The Senate also voted 68-29 to limit debate on the overall bill, which could put it on track for a vote on passage sometime Monday or Tuesday, and, in turn, send it to the House of Representatives.

The legislation https://www.reuters.com/world/us/whats-us-senates-bipartisan-1-trillion-infrastructure-bill-2021-08-03 is a top priority for Democratic President Joe Biden. Its passage, which remains likely after a large Senate majority has repeatedly voted to advance it, would be a major victory for him and the bipartisan lawmakers who crafted it.

Both the Senate and House are narrowly controlled by the Democrats.

House Speaker Nancy Pelosi has said she would only bring the bill to a vote after the Senate passes a separate $3.5 trillion bill providing funding to fight climate change and address home healthcare, which Democrats aim to push through without Republican votes, using a maneuver called "reconciliation."

Sunday's votes were delayed until the evening by the opposition of a single senator, freshman Bill Hagerty, using parliamentary rules that require all 100 senators to consent to expedite the process.

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Hagerty, former President Donald Trump's ambassador to Japan, objects to the legislation because of its projected increase to the federal budget deficit.

He announced his opposition last week after the nonpartisan Congressional Budget Office said the legislation would increase deficits by $256 billion over 10 years.

The CBO analysis https://www.reuters.com/article/biden-infrastructure-costs/factbox-cbo-estimate-leaves-u-s-budget-shortfall-for-infrastructure-bill-backers-idUSL1N2PC30J did not include $57 billion in revenue that Washington could collect over the long term from the economic growth benefits of infrastructure projects. It also did not count $53 billion in unused federal funds to be returned from states.

Despite the frustration of lawmakers from both parties at the bill's slow progress, Democrats believe the legislation will ultimately pass.

"At the end of the day, this legislation is too important not to pass. Too important. Failure, as they say, is not an option," Senator Tom Carper, Democratic floor manager for the bill, told reporters.

Latest comments

$1 trillion will actually not go very far. We can probably build a handful of bridges and roads. We would need to hire China to doing the building. China has built world class massive infrastructure all across China.
china has built world class tofu construction. even the Shanghai tower is leaking.
What a joke................9% perhaps has to do with any infrastructure.
Unfortunately youre correct
Fire up those printing presses and pass out the monopoly money.
With all this money printing and gold still below $2000, total illusion
Less money printing then under trump.
Au to the moon
2000 companies spent half a billion to lobby on the 3.5+ trillions infrastructure. They will all get a pcs of this.
So what shouldn't they???? They will create millions of high paying jobs (that can't be done overseas)
 Government can't "create" anything, they take and spend how they see fit instead of the market.  The money they take was already at work in the economy, and even when they print money they take value from the economy through inflation.
 Lets fill the current jobs or else be forced to open borders to fill jobs. either way.. not going to need well
good deal on
dow not saying
That freshman senator just want to seems busy I think.
What a shock it's some Trump crony showing "loyalty" to his master by preventing anything from being done.
Democrats, just like all socialists, always have excuses ready for their failures.
Mr. art of the deal couldn't get an infrastructure deal done in 4 years. Just add it to Trump's long list of failures: both chambers of congress, white house, health care plan, and covid to name a few.
Pelosi! the eternal blackmailer of the people. if she doesn't get everything she wants, it's no soup for anybody who needs it - until she gets what she wants. btw, this climate change they rant on about is a cyclical natural phenomenon and we're at the apex of the common northern hemisphere warming trend. in time, the northern glaciers will return, and perhaps descend into the USA, and put Manhattan 1 mile below ice,... like it was just a few thousand years ago. the narrative is ridiculous, and exploits people who don't understand earth's simple relationship with the sun.
Perfectly said as i believe but nobody agrees one thing is sure we cannot make or destroy nature its the reverse the nature can make or destroy us we the people are nothing in front of mother nature she is the most powerful and as i say nature always balances itself if it goes beyond some threshold limit, they say carbon footprint but i say my foot its nothing nature will wipe out everything that imbalances it beyond a limit no exceptions so this climate guys are either fools or making everybody a fool.
total control...total...total
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