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2021-08-02

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Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days

WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure

Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days

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Despite the hurry-up-and-wait during a rare weekend session, the final product was not intended to stray from the broad outline senators had negotiated for weeks with the White House.</p>\n<p>Senate Majority Leader Chuck Schumer, D-N.Y., said a final vote could be held “in a matter of days.”</p>\n<p>A&nbsp;key part of Biden’s agenda, the bipartisan bill is the first phase of the president’s infrastructure plan. It calls for $550 billion in new spending over five years above projected federal levels, what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.</p>\n<p>Senators and staff labored behind the scenes for days to write the massive bill. It was supposed to be ready Friday, but by Sunday even more glitches were caught and changes made. To prod the work, Schumer kept senators in session over the weekend, encouraging the authors to finish up work.</p>\n<p>One by one, senators involved in the bipartisan effort rose on the Senate floor late in the evening Sunday to mark the moment.</p>\n<p>“We know that this has been a long and sometimes difficult process, but we are proud this evening to announce this legislation,” said Sen. Kyrsten Sinema, D-Ariz., a lead negotiator.</p>\n<p>Republican negotiator Sen. Rob Portman of Ohio said the final product will be “great for the American people.”</p>\n<p>Over the long weekend of starts and stops, Schumer repeatedly warned that he was prepared to keep lawmakers in Washington for as long as it took to complete votes on&nbsp;both the bipartisan infrastructure plan as well as a budget blueprint&nbsp;that would allow the Senate to begin work later this year on a massive, $3.5 trillion social, health and environmental bill.</p>\n<p>”The longer it takes to finish, the longer we will be here, but we’re going to get the job done,” he said.</p>\n<p>Sen. John Cornyn, R-Texas, predicted: “It’s going to be a grind.”</p>\n<p>Among the major new investments in the bipartisan package are $110 billion for roads and bridges, $39 billion for public transit and $66 billion for rail. There’s also $55 billion for water and wastewater infrastructure as well as billions for airports, ports, broadband internet and electric vehicle charging stations.</p>\n<p>The spending is broadly popular among lawmakers, bringing long-delayed capital for big-ticket items that cites and states can rarely afford on their own.</p>\n<p>Paying for the package has been a challenge after senators rejected ideas to raise revenue from a new gas tax or other streams. Instead, it is being financed from funding sources that might not pass muster with deficit hawks, including repurposing some $205 billion in untapped COVID-19 relief aid, as well as unemployment assistance that was turned back by some states and relying on projected future economic growth.</p>\n<p>Bipartisan support from Republican and Democratic senators pushed the process along, and Schumer wanted the voting to be wrapped up before senators left for the August recess.</p>\n<p>Last week week, 17 GOP senators joined all Democrats in voting to start work on the bipartisan bill. That support largely held, with Senate Minority Leader Mitch McConnell, R-Ky., voting yes in another procedural vote to nudge the process along in the 50-50 Senate, where 60 votes are needed to overcome a filibuster an advance legislation.</p>\n<p>Whether the number of&nbsp;Republican senators willing to pass the bill grows or shrinks&nbsp;in the days ahead will determine if the president’s signature issue can make it across the finish line.</p>\n<p>Cornyn said he expects Schumer to allow all senators to have a chance to shape the bipartisan bill and allow for amendments from members of both parties.</p>\n<p>“I hope we can now pump the brakes a little bit and take the time and care to evaluate the benefits and the cost of this legislation,” Cornyn said.</p>\n<p>The bipartisan bill still faces a rough road in the House, where progressive lawmakers want a more robust package but may have to settle for this one to keep Biden’s infrastructure plans on track.</p>\n<p>The outcome with the bipartisan effort will set the stage for the next debate over Biden’s much more ambitious $3.5 trillion package, a strictly partisan pursuit of far-reaching programs and services including child care, tax breaks and health care that touch almost every corner of American life. Republicans strongly oppose that bill, which would require a simple majority for passage. Final votes on that measure are not expected until fall.</p>","source":"lsy1603278176698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSenate unveils $1 trillion bipartisan infrastructure bill, vote expected within days\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://apnews.com/article/joe-biden-business-1e9f1160f5ec2131a1d76a62b2c75529><strong>Associated Press</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Sunday night, wrapping up days of painstaking work on the inches-thick bill and launching ...</p>\n\n<a href=\"https://apnews.com/article/joe-biden-business-1e9f1160f5ec2131a1d76a62b2c75529\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://apnews.com/article/joe-biden-business-1e9f1160f5ec2131a1d76a62b2c75529","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107999713","content_text":"WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Sunday night, wrapping up days of painstaking work on the inches-thick bill and launching what is certain to be a lengthy debate over President Joe Biden’s big priority.\nThe Infrastructure Investment and Jobs Act clocked in at some 2,700 pages, and senators could begin amending it soon. Despite the hurry-up-and-wait during a rare weekend session, the final product was not intended to stray from the broad outline senators had negotiated for weeks with the White House.\nSenate Majority Leader Chuck Schumer, D-N.Y., said a final vote could be held “in a matter of days.”\nA key part of Biden’s agenda, the bipartisan bill is the first phase of the president’s infrastructure plan. It calls for $550 billion in new spending over five years above projected federal levels, what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.\nSenators and staff labored behind the scenes for days to write the massive bill. It was supposed to be ready Friday, but by Sunday even more glitches were caught and changes made. To prod the work, Schumer kept senators in session over the weekend, encouraging the authors to finish up work.\nOne by one, senators involved in the bipartisan effort rose on the Senate floor late in the evening Sunday to mark the moment.\n“We know that this has been a long and sometimes difficult process, but we are proud this evening to announce this legislation,” said Sen. Kyrsten Sinema, D-Ariz., a lead negotiator.\nRepublican negotiator Sen. Rob Portman of Ohio said the final product will be “great for the American people.”\nOver the long weekend of starts and stops, Schumer repeatedly warned that he was prepared to keep lawmakers in Washington for as long as it took to complete votes on both the bipartisan infrastructure plan as well as a budget blueprint that would allow the Senate to begin work later this year on a massive, $3.5 trillion social, health and environmental bill.\n”The longer it takes to finish, the longer we will be here, but we’re going to get the job done,” he said.\nSen. John Cornyn, R-Texas, predicted: “It’s going to be a grind.”\nAmong the major new investments in the bipartisan package are $110 billion for roads and bridges, $39 billion for public transit and $66 billion for rail. There’s also $55 billion for water and wastewater infrastructure as well as billions for airports, ports, broadband internet and electric vehicle charging stations.\nThe spending is broadly popular among lawmakers, bringing long-delayed capital for big-ticket items that cites and states can rarely afford on their own.\nPaying for the package has been a challenge after senators rejected ideas to raise revenue from a new gas tax or other streams. Instead, it is being financed from funding sources that might not pass muster with deficit hawks, including repurposing some $205 billion in untapped COVID-19 relief aid, as well as unemployment assistance that was turned back by some states and relying on projected future economic growth.\nBipartisan support from Republican and Democratic senators pushed the process along, and Schumer wanted the voting to be wrapped up before senators left for the August recess.\nLast week week, 17 GOP senators joined all Democrats in voting to start work on the bipartisan bill. That support largely held, with Senate Minority Leader Mitch McConnell, R-Ky., voting yes in another procedural vote to nudge the process along in the 50-50 Senate, where 60 votes are needed to overcome a filibuster an advance legislation.\nWhether the number of Republican senators willing to pass the bill grows or shrinks in the days ahead will determine if the president’s signature issue can make it across the finish line.\nCornyn said he expects Schumer to allow all senators to have a chance to shape the bipartisan bill and allow for amendments from members of both parties.\n“I hope we can now pump the brakes a little bit and take the time and care to evaluate the benefits and the cost of this legislation,” Cornyn said.\nThe bipartisan bill still faces a rough road in the House, where progressive lawmakers want a more robust package but may have to settle for this one to keep Biden’s infrastructure plans on track.\nThe outcome with the bipartisan effort will set the stage for the next debate over Biden’s much more ambitious $3.5 trillion package, a strictly partisan pursuit of far-reaching programs and services including child care, tax breaks and health care that touch almost every corner of American life. Republicans strongly oppose that bill, which would require a simple majority for passage. Final votes on that measure are not expected until fall.","news_type":1},"isVote":1,"tweetType":1,"viewCount":506,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days

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