AIRLINK 65.20 Decreased By ▼ -0.70 (-1.06%)
BOP 5.57 Decreased By ▼ -0.12 (-2.11%)
CNERGY 4.56 Decreased By ▼ -0.09 (-1.94%)
DFML 24.52 Increased By ▲ 1.67 (7.31%)
DGKC 69.96 Decreased By ▼ -0.74 (-1.05%)
FCCL 20.30 Decreased By ▼ -0.05 (-0.25%)
FFBL 29.11 No Change ▼ 0.00 (0%)
FFL 9.83 Decreased By ▼ -0.10 (-1.01%)
GGL 10.01 Decreased By ▼ -0.07 (-0.69%)
HBL 114.25 Decreased By ▼ -1.00 (-0.87%)
HUBC 129.10 Decreased By ▼ -0.40 (-0.31%)
HUMNL 6.71 Increased By ▲ 0.01 (0.15%)
KEL 4.44 Increased By ▲ 0.06 (1.37%)
KOSM 4.89 Decreased By ▼ -0.13 (-2.59%)
MLCF 37.00 Increased By ▲ 0.04 (0.11%)
OGDC 132.30 Increased By ▲ 1.10 (0.84%)
PAEL 22.54 Increased By ▲ 0.06 (0.27%)
PIAA 25.89 Decreased By ▼ -0.41 (-1.56%)
PIBTL 6.60 Increased By ▲ 0.07 (1.07%)
PPL 112.85 Increased By ▲ 0.73 (0.65%)
PRL 29.41 Increased By ▲ 1.02 (3.59%)
PTC 15.24 Decreased By ▼ -0.87 (-5.4%)
SEARL 57.03 Decreased By ▼ -1.26 (-2.16%)
SNGP 66.45 Increased By ▲ 0.76 (1.16%)
SSGC 10.98 Decreased By ▼ -0.04 (-0.36%)
TELE 8.80 Decreased By ▼ -0.14 (-1.57%)
TPLP 11.70 Increased By ▲ 0.17 (1.47%)
TRG 68.62 Decreased By ▼ -0.62 (-0.9%)
UNITY 23.40 Decreased By ▼ -0.55 (-2.3%)
WTL 1.38 Increased By ▲ 0.03 (2.22%)
BR100 7,295 Decreased By -9.1 (-0.12%)
BR30 23,854 Decreased By -96 (-0.4%)
KSE100 70,290 Decreased By -43.2 (-0.06%)
KSE30 23,171 Increased By 50.4 (0.22%)
World

US Senate approaches finish line on $1 trillion infrastructure bill

  • The first bill, which sits atop Democratic President Joe Biden's domestic agenda and includes $550 billion in new spending on roads, bridges and internet access, cleared an important procedural hurdle
Published August 9, 2021

WASHINGTON: As the US Senate on Monday got closer to passing a $1 trillion infrastructure bill, Democrats released details of the expected $3.5 trillion companion bill addressing social spending and immigration that they aim to turn to next.

The first details of the larger bill -- a key goal for progressive Democrats -- showed that it would provide tax incentives for "clean" manufacturing, make community college free for two years and provide a pathway to citizenship for millions of immigrant workers.

The first bill, which sits atop Democratic President Joe Biden's domestic agenda and includes $550 billion in new spending on roads, bridges and internet access, cleared an important procedural hurdle late on Sunday when the Senate voted 69-28 in support of the provisions contained in the 2,702-page plan.

US Senate trudges toward passing $1trn infrastructure bill

The Senate also voted 68-29 to limit further debate to a maximum of 30 hours, setting up a potential vote on passage early on Tuesday on the package, the result of months of bipartisan negotiations.

The massive spending bill is popular among many lawmakers in both parties because of the federal dollars it would deliver to their home states. Polls also show that Americans at large are supportive of the package.

But the moment of bipartisanship that produced it was likely to be fleeting as Democrats prepare to turn their attention next to the larger bill, which they aim to pass over Republican objections using a parliamentary maneuver called "budget reconciliation".

Democrats are aiming to debate and pass this nonbinding resolution in coming days, which would serve as a framework for more detailed, binding legislation later this year. Republicans have strenuously objected to the size and cost of the follow-up package.

WEEKEND WORK

The Senate worked for a second straight weekend to advance the infrastructure bill aimed at repairing, expanding and improving roads, bridges, waterworks and schools, while also expanding high-speed internet service in underserved areas.

US Senate meets on Saturday to consider $1 trillion infrastructure bill

During debate on Sunday, Democratic Senator Catherine Cortez Masto of Nevada noted the boost for her state's mining industry, saying new money would strengthen "a critical mineral and battery supply chain that supplies key components of cellphones and laptops, electric vehicles, solar panels and more."

The Senate had been scheduled to begin a four-week summer recess, but instead found itself in session on both Saturday and Sunday, which saw little more than occasional speeches before the procedural votes.

Even with passage of the bill this week, senators will still not be able to go back to their home states or jump onto foreign trips popular during long recesses.

That is because Democratic Senate Majority Leader Chuck Schumer aims to launch immediately into debate of a budget framework that would provide the outlines for the $3.5 trillion "human infrastructure" bill that Democrats want to begin advancing in September.

It would include federal aid for home healthcare for seniors, along with possible immigration reforms and funding to address climate change.

Unlike the $1 trillion bill paying for traditional infrastructure projects, the larger one is not expected to gain Republican support. That would leave Democrats to pursue it under the special procedure known as "reconciliation" in which it could pass with a simple majority, instead of the 60 votes needed to advance most bills.

The Senate is split 50-50 between Democrats and Republicans, with Democrats claiming a majority thanks to Vice President Kamala Harris' tie-breaking vote.

If the $1 trillion bill is approved by the Senate, as expected, the Democratic-led House of Representatives would still have to debate and vote on it, sometime after it returns in late September from its summer break.

Comments

Comments are closed.