U.S. politics and policy updates
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On Sunday, a group of centrist U.S. senators raced to reach a final agreement on the text of a $1 trillion bipartisan infrastructure package, public transportation funding became a key sticking point, and Joe Biden’s comprehensive economic agenda Leading to increased tensions.
Republican Senator Rob Portman from Ohio and Democratic Senator Mark Warner from Virginia said in separate television interviews on Sunday that they still believe that an agreement can be reached this week and will be reached with Biden last month. Cross-party agreements are codified into the code.
“We have completed about 90% of the work,” Portman said in an interview with ABC.
“We will work with colleagues and employees to legislate and formulate the language, and I am satisfied with completing this work this week.”
Warner told Fox News on Sunday: “I think you will see the bill on Monday.”
The $1 trillion plan will fund investments in roads, bridges, ports, airports, water supply facilities and broadband networks.
Portman said that funding for public transportation projects is “an unresolved issue” and Republicans “have not received much response from the Democrats.”
Republicans, who disproportionately represent rural states and communities, want less funding for public transportation, while Democratic lawmakers who support more concentration in cities want the agreement to include more public transportation funding.
“I hope we can see progress in this area today,” Portman added.
The first procedural vote to start a debate on the issue 1 trillion dollar bill It failed last week because Republican lawmakers hesitated about some details of the proposal and the fact that the final text has not yet been released. But the advocates of the proposal in the White House and Congress continue to push forward, setting the week as the deadline for new votes.
Biden wholeheartedly supports this deal, believing that it is the key to the US economy, which shows that he can stimulate a bipartisan deal in Washington—increasing the political risk of negotiations.
If the deal fails, the Democrats are expected to incorporate it into legislation later this year, and are expected to exceed $3.5 trillion later this year. They hope to pass legislation without any Republican support to invest funds in education and Childcare, through the wealthiest families and companies.
The White House’s push for these two plans this year has increased tensions on Capitol Hill. Republicans criticized larger plans because overspending would harm the economy and cause additional inflation, while Democrats saw these as important investments that could promote long-term growth and ease price pressures over time.
House Speaker Nancy Pelosi told ABC on Sunday that Democrats in the House of Commons will not pass a bipartisan infrastructure package until the larger bill is also approved by the Senate, but Republicans refuse to accept the difference between the two. Any relationship.
“The infrastructure bill has nothing to do with the reckless tax and spending event she is talking about,” Portman said, warning that if Pelosi “gets what he wants,” the bipartisan agreement may be at risk.
Republicans also expressed doubts about voting to increase the U.S. debt ceiling as part of fiscal negotiations. This angered Democrats. They said they should get bipartisan support to approve a measure to ensure that the U.S. does not default on debt, and reflect It has been approved by Congress.
The US Treasury Department warned last week that it would begin to take special measures to strengthen its cash position, but urged Congress to act as soon as possible to increase the country’s debt limit.