Yesterday the Senate passed its version of the infrastructure spending bill on a bipartisan basis with 17 Republicans joining all of the Democrats in voting in favor of it. What will the outcome be?
- True to her word Nancy Pelosi will not take the bill up in the House until the Senate moves on the $3.5 trillion reconciliation bill. That doesn’t happen and the bill dies.
- The Senate approve the $3.5 trillion with no Republican votes and Kamala Harris breaking the tie.
- The $3.5 trillion bill passes the Senate with one or more Republican votes.
- The $3.5 trillion bill does not receive 50 Democratic votes in the Senate.
- Other
Place your bets.
E. Other. It will be less then 3.5 trillion because Sinema is on the record that she thinks it is too high. I don’t believe 3.5 trillion is a red line for House Democrats either. Remember, even 2 trillion dollars is still a lot of money for Democratic policy priorities.
That could be. However, keep in mind that right now the tail is wagging the dog. A non-Democrat, Bernie Sanders, is now materially the leader of the Democratic Party. The Democratic House majority is too narrow to pass anything with neither Republicans nor his supporters.
Agree with CO. This news, which of course would not be covered, will let them back off.
“Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the economy has now surpassed its pre-pandemic level.”
Politico
We’ll see. I see nothing in the past behavior or words of the Sandernistas that would lead me to conclude that they’ll accept half a loaf as better than none.