Democrats Turn to Capitol for Showdown Over Multi-Trillion Dollar Financing Packages

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Congressional deputies Return to Capitol Hill today to engage in one final battle over two major multi-trillion dollar spending bills. strengthening infrastructure and securing President Biden’s “Build Better” plan.

The Democrat-controlled House and Senate will have just 10 legislative days to meet the October 31 deadline to pass both the $1.2 trillion bilateral infrastructure bill and a spending bill known as the Do Better Act – initially around $3.5 trillion It is expected to cost $2.2 trillion (or maybe even less) to gain broader support, but will likely be reduced to $2.2 trillion. a standoff between progressives and moderates in the party on the scope and final price tag.

Among the major investments, ‘hard infrastructure’ bill includes financing for roads and highways, bridges, broadband development, water support and airport projectsThe “human” spending bill provides funding to tackle climate change, Medicare expansion, and two years of free community college.

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