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Balanced Reporting. Trusted Insights.
Wednesday, January 19, 2022
Democratic leaders are pushing for House passage of President Joe Biden’s package of social and climate spending priorities this week, while the Senate is set to debate an Agriculture Department nominee who will be key to carrying out the administration's climate policy.
The White House released a $1.75 trillion spending agreement with congressional Democrats, as House Speaker Nancy Pelosi pushed colleagues to vote Thursday for a separate infrastructure bill.
Democratic leaders are trying to nail down an agreement this week on President Joe Biden’s Build Build Better package of social spending and climate policy ahead of his pivotal trip to Europe for a G20 summit and the international climate conference in Glasgow.
More than $90 billion in agriculture spending, including a 50% increase in conservation program funding, is at stake as congressional Democrats wrangle over how to pare back their $3.5 trillion Build Back Better bill to woo critical moderate votes.
Congressional Democrats are staring at a possible government shutdown this week even as they try to bridge warring factions that threaten passage of a bipartisan infrastructure and the bigger Build Back Better spending package.
House Democrats pushed through a $3.5 trillion budget resolution after moderates reached a deal promising them a vote by Sept. 27 on the Senate’s bipartisan infrastructure bill.
House Democrats are setting aside the Senate-passed bipartisan infrastructure bill this week to take up a $3.5 trillion budget resolution needed to move President Joe Biden's domestic spending priorities and climate policy.
President Joe Biden’s proposal to eliminate stepped-up basis and tax capital gains at death has run into opposition from a key Democrat. The chairman of the House Agriculture Committee, Georgia Democrat David Scott, says the tax plan could hurt farmers even though the tax liability would be deferred as long as a family farm stays in operation.
President Joe Biden is meeting with a group of Democratic and Republican lawmakers today to build support for his giant $2.7 trillion infrastructure package, the American Jobs Plan.
