Posted on 07/19/2021 3:43:16 PM PDT by Oldeconomybuyer
WASHINGTON (AP) — President Joe Biden said Monday that his infrastructure and families agenda must be passed to sustain the economic momentum of his first six months in office, aiming to set the tone for a crucial week of congressional negotiations on the two bills.
But a Wednesday deadline set by Senate Majority Leader Chuck Schumer on the bipartisan infrastructure bill was in doubt as Republicans signaled they would likely oppose a procedural vote, for now, while details are still being worked out. Senators are wrangling over how to pay for the new spending in the $1 trillion package of highway, water system and other public works projects.
At the same time, Democrats are developing the particulars of a separate bill that would invest a stunning $3.5 trillion nationwide across Americans’ lives — with support for families, education, climate resiliency and other priorities that they aim to ultimately pass with solely Democratic support. Democrats hope to show progress on that bill before lawmakers leave Washington for their recess in August.
(Excerpt) Read more at apnews.com ...
No bias at all in that headline.
WHAT “economic momentum”???
The completely obvious AP bias just gets worse every day.
Spending to boost the economy. In other news, Biden plans to stand in a bucket and lift himself up by the handle.
I think pudding-cup isn’t clear on who should be doing the spending in an economy.
That’s Nancy’s spend for prosperity crap
WHAT “economic momentum”??
They want to pass it before the market plunges.
Nothing in the article about how much Joe’s first fiscal year deficit will be, with or without the additional spending. Of course, even democrats can’t spend that much money before 9/30, so a lot of the spending is probably expected to happen in future fiscal years.
DON’T STOP THE PRESSES! Keep printing Print Free Money !
Free from Goverment ! Free! Just really means let the kids pay for it
Where’s the commercial or video showing a toddler happily playing suddenly being demanded to pay its thousands of dollars share of the national debt ? When the toddler breaks into screaming” HOW COULD THEY DO THIS TO ME ???” in tears
If this fraudulent election didn’t happen on and the reform buried by the courts Trump would have vetoed this
The crux of this is....by NOT passing this $1.2 trillion with the necessary 60 votes, the Republicans stifle the Dem plans to use reconciliation on their $3.5 Trillion “social infrastructure” plan.
Biden has 4 and 5 year plans.
Just like in the old Soviet Union. How did that work out?
Government management of the economy has never worked.
What works is to let business-people start and manage their own companies. Trickle-down WORKS!!! Bottom up is not what creates good and great economies.
Correction...500 at the entry today.
Yeah, right ... an 'Investment', in the Dem's LEFTist fantasy programs that, once started, can never be stopped! THANK YOU Georgia GOP voters that stayed home in the runoff!
i have biden fatigue.
Don’t be surprised if the Democrats arrest all the Republicans
>>Senators are wrangling over how to pay for the new spending in the $1 trillion package of highway, water system and other public works projects.
That’s not what this is for and AssPress knows it.
Look at all of the OTHER things they have been calling “infrastructure” this time around.
Big media propping up Biden
spend money that does not exist do not boost the economy, If I spend money that I do not have, for sure I will go bankrupt
Since the game is to increase prices, my new game has been to purchase as little as possible. And of course, no extra spending unless absolutely necessary. It’s like a fun hobby.
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