Infrastructure - Transpo

Instant Bipartisan Double Cross

6/24/21
from The Wall Street Journal,
6/24/21:

Biden and Pelosi hold a Senate deal hostage to the rest of their agenda.

“What we agreed on today is what we could agree on. The physical infrastructure. There’s no agreement on the rest,” said Mr. Biden,..., “If this is the only one that comes to me, I’m not signing it.”

Politicians in Washington renege on their bipartisan promises all the time, but what are we to make of a deal in which one side admits it is pulling a bait and switch from the start? That was the astonishing news Thursday as President Biden and Speaker Nancy Pelosi endorsed a bipartisan Senate infrastructure deal even as they said the price of their support is getting the rest of their agenda too.

The cost of the spending will be covered by repurposing existing federal funds, public-private partnerships and revenue collected from enhanced enforcement at the Internal Revenue Service, according to a list distributed by the White House. The list also included sales from the strategic petroleum reserve and wireless-spectrum auction sales as other revenue raisers.

Senate Majority Leader Chuck Schumer (D., N.Y.) has said the Senate will simultaneously move forward with both a bipartisan agreement and a larger bill that includes spending on education, healthcare, and antipoverty efforts. Democrats can skirt the 60-vote threshold for advancing most Senate legislation through a budget process called reconciliation, which requires only a simple majority.

More From The Wall Street Journal (subscription required):



365 Days Page
Comment ( 0 )