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House passes Infrastructure Bill, a.k.a., BIF with help from 13 Republicans | ||
2021-11-07 | ||
AOC's "Squad" Biden is expected to sign the bill as soon as it lands on his desk, scoring a massive victory for his administration after months of negotiations between the Democratic Party's moderate and progressive sides and their Republican counterparts. The core part of Biden's infrastructure bill, which is a key component of the administration's "Build Back Better" agenda, includes massive investments in roads, bridges and waterways, and other "hard infrastructure" provisions agreed upon by both Democrat and Republican parties. The Republicans who voted 'yes' may have been persuaded by the US Chamber of Commerce that vigorously promoted this bill. The CBO and the U of PA Warton analysis concludes that the bill will add to the deficit while doing almost nothing for the economy. I don't know how they do analysis on something like this as a lot of the funds in the bill are for earmarked projects, the scope of which are incompletely known.
Related: Infrastructure bill: 2021-11-06 Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates Infrastructure bill: 2021-11-04 Virginia Sen. Tim Kaine blames 'purist' demands by congressional Democrats Infrastructure bill: 2021-10-29 Joni Ernst Moves to Axe Unused Government Programs | ||
Posted by:Lord Garth |
#4 Sleeper agents activated for one last suicide mission. |
Posted by: rjschwarz 2021-11-07 19:16 |
#3 Clear evidence that 13 of the Uniparty checks have cleared. |
Posted by: Besoeker 2021-11-07 07:46 |
#2 Nothing but pouring more gasoline on the inflation fire. |
Posted by: Tom 2021-11-07 07:40 |
#1 A lot of places to hide skimmed $$$$ in infrastructure structure repair spending. DC Swamp families will be rolling in $$$$ come 2022. |
Posted by: NN2N1 2021-11-07 05:29 |