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Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: Steve G.
Date: July 13, 2021 09:15PM
Democrats reach deal on $3.5T price tag for infrastructure bill
[thehill.com]

Senate Majority Leader Charles Schumer (D-N.Y.) and Budget Committee Democrats, led by Sen. Bernie Sanders (I-Vt.), have reached a deal on a $3.5 trillion price tag for a Democratic-only infrastructure package.

Schumer, emerging from an hours-long meeting with Budget Committee Democrats, said they had reached a deal on the budget resolution — which greenlights reconciliation, the process Democrats will use to bypass a GOP filibuster on the infrastructure bill — including a $3.5 trillion top-line figure. President Biden is coming to meet with Senate Democrats on Wednesday, as Democrats work lockdown support for the deal.

"The budget committee has come to an agreement. The budget resolution with instructions will be $3.5 trillion," Schumer said, speaking to reporters with Sanders and other members of the panel. "Every major program that President Biden has asked us for is funded in a robust way."

The deal will also include funding for expanding Medicare to cover dental, vision and hearing and address climate change — key asks from progressives including Sanders. A Democratic aide familiar with the deal said that the budget resolution will also include language prohibiting taxes from being raised on individuals who make less than $400,000 or small businesses.

"What this legislation says among many, many other things ... is the wealthy and large corporations are going to start paying their fair share of taxes, so that we can protect the working families in this country," Sanders told reporters.

The agreement is a significant breakthrough for Democrats' infrastructure push as the party faces a tight timeline and even tighter margins to advance Biden's sweeping jobs and families plan.

Schumer has vowed to hold votes on two pieces before the Senate breaks for the August recess: A smaller $1.2 trillion over eight years bipartisan deal and the budget resolution that includes the instructions for and sets up a separate Democratic-only bill.

To pass both the budget resolution and a $3.5-trillion infrastructure bill through the Senate Democrats will need total unity from all 50 of their members. Democrats declined to say on Tuesday night if they had unified support.
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: bfd
Date: July 13, 2021 09:18PM
Great… But will Mexico pay for it?
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: cbelt3
Date: July 13, 2021 09:19PM
And (please say yes) will they F the Filibuster rule ?
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: graylocks
Date: July 13, 2021 09:47PM
Quote
cbelt3
And (please say yes) will they F the Filibuster rule ?

the article says Reconciliation which means they are bypassing messing with the filibuster rule.



"Success isn't about how much money you make. It is about the difference you make in people's lives."--Michelle Obama
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: vision63
Date: July 13, 2021 10:16PM
Yes
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: Lemon Drop
Date: July 13, 2021 10:18PM
Expanding Medicare to cover hearing, vision and dental is very good.
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: cbelt3
Date: July 13, 2021 10:29PM
Quote
Lemon Drop
Expanding Medicare to cover hearing, vision and dental is very good.

VERY good. Deaf, blind, and unable to chew is no way to go through your golden years.

(Paraphrase Animal House)
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: Ted King
Date: July 14, 2021 07:10AM
Quote
Steve G.
Democrats declined to say on Tuesday night if they had unified support.

Which means they probably don't have unified support. Manchin wants all this paid for - he says he doesn't want so much debt - but he also doesn't want to raise taxes on rich people to pay for it. My guess is Manchin (and maybe a couple of other Democratic senators) will "force" the Democrats into paring the total down to something like a third of the $3.5T. I hope I'm wrong.



e pluribus unum



Edited 1 time(s). Last edit at 07/14/2021 10:39AM by Ted King.
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: Lux Interior
Date: July 14, 2021 07:57AM
Quote
cbelt3
Quote
Lemon Drop
Expanding Medicare to cover hearing, vision and dental is very good.

VERY good. Deaf, blind, and unable to chew is no way to go through your golden years.

B-b-b-but how will we pay for it?

We can't put any burden on the wealthy! They are barely hanging on!
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: Acer
Date: July 14, 2021 08:25AM
Quote
Lux Interior
We can't put any burden on the wealthy! They are barely hanging on!

It is a bumpy ride into space.
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: mrbigstuff
Date: July 14, 2021 03:58PM
Quote
Lux Interior
Quote
cbelt3
Quote
Lemon Drop
Expanding Medicare to cover hearing, vision and dental is very good.

VERY good. Deaf, blind, and unable to chew is no way to go through your golden years.

B-b-b-but how will we pay for it?

We can't put any burden on the wealthy! They are barely hanging on!

"You leave that up to me, Flounder."
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Re: Democrats reach deal on $3.5T price tag for infrastructure bill
Posted by: RgrF
Date: July 14, 2021 08:48PM
Seems like there may be some sort of quid pro quo in the works, WV's (read Manchin) former health commissioner was just appointed US Drug Czar, wonder what the lady from Arizona will demand.
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