Sen. Joe Manchin (D-W.Va.) indicated Thursday that he and President Joe Biden, who has been deeply involved in negotiations over the $3.5 trillion budget reconciliation, are working to overcome lingering disagreements over the scope of the legislation. Manchin said of ongoing negotiations that “the president is deeply committed to getting things done and we’re committed…
Manchin Says He and Biden Are ‘Trying to Find a Pathway Forward’ on Budget
House GOP Leadership Will Encourage Members to Vote Against Infrastructure Bill
In a statement from Rep. Steve Scalise’s (R-La.) office Wednesday, the House Minority Whip said that Republican leadership would be asking members to vote against the $1.2 trillion infrastructure bill. In the Senate, the infrastructure bill passed easily, with all 50 Democrats and 19 Republicans in the upper chamber supporting the bill. Of those, many…
As Party Division Continues, Democratic Leaders Insist ‘Failure Is Not An Option’
At a press conference Tuesday morning, House Democratic Caucus Chairman Hakeem Jeffries (D-N.Y.) and Vice Chair Pete Aguilar (D-Calif.) discussed House Democrats’ policy priorities. Despite continued division in both chambers of Congress between moderates and progressives, Jeffries and Aguilar expressed confidence about the legislative prospects for President Joe Biden’s “build back better” agenda. Two bills—the…
Democratic Continuing Resolution Contains Billions in New Spending for Disasters, Afghans
On Tuesday, Democrats in the House Committee on Appropriations unveiled the text of their continuing resolution to fund the government until December as Republicans remain hesitant to raise the debt ceiling. Though the highest priority of Democrats is to avert a government shutdown or U.S. default, the bill also authorizes billions in new spending for disaster…
Top House Democrats: $3.5 Trillion Spending Bill Likely Will Be Smaller
Several top House Democrats have conceded they will likely reduce the White House-backed $3.5 trillion budget reconciliation bill after several moderate members of the party expressed opposition to the measure. Rep. James Clyburn (D-S.C.), the third-ranking House Democrat, told CNN that the number could be lower. “So it may be $3.5 (trillion), it may be…
Democratic Budget Plan Would Increase Corporate, Income Marginal Tax Rates
After weeks of Democratic infighting over the price tag and feasibility of paying for Sen. Bernie Sanders’s (I-Vt.) $3.5 trillion budget, on Monday the House Ways and Means Committee released key information on its tax plan under the legislation. The tax plan would change the current flat rate corporations pay in taxes to a marginal…
EU Ministers Want EU Budget Rules to Support Investment, Realistic Debt Cuts
BRDO, Slovenia—European Union finance ministers said on Friday that changes to EU budget rules, now under review, should support investment in the post-pandemic economy and allow for a more realistic path in cutting huge public debt. Finance ministers from the 27-nation bloc will begin discussions during a two-day meeting in the Slovenian town of Brdo…
‘We Can’t Afford to Do Everything’ In $3.5 Trillion Budget: Democratic Congresswoman
At a House Ways and Means Committee hearing Thursday, Rep. Stephanie Murphy (D-Fla.) raised serious concerns about the spending in the House-advanced $3.5 trillion budget resolution. The expansive budget was advanced by Democrats during an emergency session of the House on Aug. 24. It has since been the top priority of Democrats across various House…
House Democrat Says Speaker Pelosi’s District Should Get More Funds Than Others
Rep. Steve Cohen (D-Tenn.) on Thursday argued in favor of allocating more taxpayer funds to House Speaker Nancy Pelosi’s (D-Ca.) district than other districts, sparking immediate pushback from Republicans. Cohen made the argument as House lawmakers on the House Natural Resources Committee continued to clash on day two of the budget reconciliation markup meeting. Cohen’s remarks came…
$3.5 Trillion Budget ‘Is Really About the Children, Women’: Pelosi
At her weekly press conference Wednesday morning, Speaker of the House Nancy Pelosi (D-Calif.) argued that Sen. Sanders’ (I-Vt.) $3.5 trillion budget represented a long-overdue package to assist women and children through new appropriations, programs, and environmental policies. The budget, said Pelosi, “is really about the children.” She added later that “My theme all along…
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