...

Capitol Hill braces for negotiations on mammoth infrastructure proposal




  • In Politics
  • 2021-09-08 23:34:28Z
  • By Axios
 

The fight over President Biden's $3.5 trillion spending package begins for real on Capitol Hill at 10 a.m. tomorrow as the first of several committees starts hashing out details of the mammoth infrastructure proposal.

Why it matters: The legislative marathon comes amid Democrats' internal squabbling that underscores just how tough it could be for Biden to get something across the finish line.

Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for free

Driving the news: We got a peek at a big part of the bill yesterday when the House Ways and Means Committee dropped its section on child care, universal paid family and medical leave, Medicare and retirement.

  • All eyes are now on tomorrow's session as that panel begins its markup.

  • House committees on small business; science, space, and technology; natural resources, and education and labor also will meet to mark up their sections of the bill.

Between the lines: Several moderate members in vulnerable districts still are uneasy about the overall price tag. Many fear the monster spending - set against fights over the debt limit and funding the government - could hurt them in 2022.

  • Many want to use this committee process to work out the ugly, intraparty negotiations between the party's centrists and more progressive members.

  • The $3.5 trillion budget resolution "wasn't the end game, it was the starting game," Rep. Brad Schneider (D-Ill.) told Axios. "We're now out in the field making the hard choices."

The latest: Axios scooped last night that Sen. Joe Manchin (D-W.Va.) intends to support no more than $1.5 trillion. But Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Budget Chairman Bernie Sanders (I-Vt.) publicly hit back against Manchin's demands in a press call Wednesday morning, making clear they plan to forge ahead.

  • "That $3.5 trillion is already the result of a major, major compromise and at the very least this bill should contain $3.5 trillion," Sanders said, while Schumer added, "We're moving full speed ahead."

  • Rep. Mondaire Jones (D-N.Y.) told CNN: "$1.5 trillion is not going to cut it."

COMMENTS

More Related News

'They shouldn't be here': Texas border town reckons with Haitian influx

U.S. Special Envoy to Haiti Daniel Foote resigned with a scathing letter criticizing the treatment of Haitian migrants and deportations from a Texas border...

Black caucus members opt for White House meeting over trip to border
Black caucus members opt for White House meeting over trip to border

Several members of the Congressional Black Caucus weighed visiting the U.S.-Mexico border this week to investigate the conditions faced by Haitian migrants...

Ultra-Wealthy Pay 8.2% Tax Rate: White House Report
Ultra-Wealthy Pay 8.2% Tax Rate: White House Report

The 400 richest families in the U.S. - worth between $2.1 billion and $160 billion and representing the top 0.0002% of all taxpayers - paid an effective tax ...

Pelosi, Dems Press for Signs of Progress on Biden Agenda
Pelosi, Dems Press for Signs of Progress on Biden Agenda

Democratic leaders appear to have a plan to try and resolve the intraparty divisions threatening to derail President Joe Biden's economic agenda: Show enough...

Inside Biden
Inside Biden's falling poll numbers: 5 reasons why the president's approval ratings have dropped

Perhaps most troubling for President Biden: His support among independent voters - who helped carry him to victory over Donald Trump - has cratered.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Politics