Fourth live updates of the Stimulus Check: Extension of child tax credit until 2025, new payment in California, unemployment benefits …

0

Hour of Truth for Congress on Government Funding, Debt, Biden Agenda

The US Congress faces a government spending and debt showdown on Monday that opens a week that could also include Action on President Joe Biden’s Comprehensive Social Agenda whether the Democrats can resolve internal disagreements over the package.

The Senate will hold a procedural vote on Monday Evening on bills the House of Representatives has already passed to fund the US government through December 3rd, and Suspension of the country’s borrowing limit until the end of 2022.

If Republicans block the move as expected, Democrats will have to find another way to keep the government going beyond Thursday when current funding runs out. Legislators also need to figure out how to raise the debt ceiling to avert the risk of failure.

Democrats are eager to avoid such drama as they try to project competence after four years The chaotic presidency of Republican Donald Trump. The non-partisan Policy Center announced on Friday that the US The Treasury Department is expected to exercise its full borrowing powers sometime between October 15th and November 4th.

Added to this is the complexity House Democrats are about to vote on a $ 1 trillion infrastructure bill Passed by the Senate on August 10 with substantial Republican support, which will fund road, bridge, airport, school, and other projects.

Spokeswoman Nancy Pelosi last month approved a motion by the House moderates to vote on the bill by Monday, but the progressives have objected, saying they don’t want the House to take it up until an agreement is reached on one Higher $ 3.5 trillion in social spending.

Pelosi said on Sunday the cHamber would vote on the $ 1 trillion infrastructure bill on Thursday.

Tomorrow, September 27th, we will begin the debate on the bipartisan infrastructure framework in the House of Representatives plenary and vote on it Thursday, September 30th, “she said in a letter to her Democrats released by her office.

Earlier on Sunday Pelosi had said she would not bring the infrastructure bill to a vote until she was sure it would pass, but she was confident of the prospect.

Let me just say that we’re going to get the bill off this week“She told ABC News” This Week “host George Stephanopoulos, speaking about the legislation that is vital to Biden’s economic agenda.

The fate of the Democratic President’s initiatives from health care and education to fighting child poverty and climate change is at stake as Democrats argue over the content and cost of the larger package.

Democrats argue over drug pricing in the social spending plan, which they hope to pass by narrow majorities and without Republican support. Some moderate Democrats, including Senators Joe Manchin and Kyrsten Sinema think the price of $ 3.5 trillion is too high.

Democratic leaders insist that the measure be paid for with Tax increases for businesses and the wealthy.

Photo: REUTERS / Evelyn Hockstein


Source link

Leave A Reply

Your email address will not be published.