Schumer begins reconciliation course of for infrastructure, whereas bipartisan group remains to be dawdling
Biden gave the group a maximum of 10 days to find out. Although they announced late last week that there was a top-line agreement for their ideas, they didn’t give any specifics about what those ideas were.
Now they filter out. Senator Rob Portman told reporters yesterday that they are proposing “$ 63 billion in net new revenue from improved tax enforcement generated by an additional $ 40 billion in IRS funding.” Biden wants double the amount of new funding for the IRS – $ 80 billion – which the White House estimates could bring in $ 700 billion in revenue. Portman also said a large portion of the funding – more than $ 100 billion – would come from the “repurposed” COVID-19 aid.
The White House hasn’t totally ruled out the use of these funds, but White House press secretary Jen Psaki said when he announced that Biden is ending his face-to-face talks with Republican Shelley Moore Capito: looming aid to small businesses, restaurants and rural areas Endangering hospitals that use this money to get back on their feet after the pandemic is cracked. “The US Mayors’ Conference, the National League of Cities, and the National Association of Counties are strongly against this idea and have made sure that the leadership and every member of Congress know this.
According to one Republican, that deal is only $ 10 billion in charging points for electric vehicles – that’s apparently the scope of the climate change-related regulation in it. As a benchmark, Biden’s initial $ 2.25 trillion proposal in the US employment plan is $ 115 billion to modernize the bridges, highways and roads of the fossil fuel age. It has an additional $ 85 billion for public transit, $ 80 billion for Amtrak, and $ 174 billion to build 500,000 electric vehicle charging stations, electrify 20% of school buses, and electrify the federal fleet. He would spend $ 100 billion on broadband, $ 25 billion on airports and $ 111 billion on water projects.
How much of that ends up in the Law of Atonement (assuming there is no bipartisan law, a safe assumption) is up to this group and what they consider to be a “unitary budget”:
As for this two-pronged process, says Rep. Alexandria Ocasio-Cortez has a solid idea: Should the Senate pass a weakened bipartisan bill, the House of Representatives should hold it until the Senate approves the Reconciliation Act. “The certainty of this second play will determine a lot about our position on the bipartisan play,” she told reporters. That should be doable – it also agrees with what Yarmuth told reporters, assuming that everything would end in a law of atonement anyway.
After all the infrastructure weeks, it finally looks as if the time has come. It remains to be seen whether the tough negotiations, the clear bad faith of the Republicans and the determination of their Democrats will be enough to finally kill Kyrsten Sinema and Joe Manchin.