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Congress passes $1.2T infrastructure bill after weeks of Democrat infighting


https://www.cnn.com/2021/07/28/politics/infrastructure-bill-explained/index.html
https://www.politico.com/news/2021/11/06/infrastructure-bill-build-back-better-519894

The House passed the measure 228-206, prompting prolonged cheers from the relieved Democratic side of the chamber. Thirteen Republicans, mostly moderates, supported the legislation while six of Democrats’ farthest left members — including Reps. Alexandria Ocasio-Cortez of New York and Cori Bush of Missouri — opposed it.

Info
It will deliver $550 billion of new federal investments in America's infrastructure over five years, touching everything from bridges and roads to the nation's broadband, water and energy systems. Experts say the money is sorely needed to ensure safe travel, as well as the efficient transport of goods and produce across the country. The nation's infrastructure system earned a C- score from the American Society of Civil Engineers earlier this year.

Democrats claim the bill pays for itself through a multitude of measures and without raising taxes. But the Congressional Budget Office brushed aside several of those pay-for provisions, ultimately finding the bill would add $256 billion to the deficit over the next 10 years. It's significantly smaller than the $2.25 trillion proposal that Biden unveiled in March, known as the American Jobs Plan.

Reconciliation bill is set to shrink to half its former size and without the centerpiece of its climate initiatives, a clean electricity program that would have incentivized utilities to switch from fossil fuels to renewable energy.

The reconciliation package was supposed to be the sugar that made the infrastructure bill go down for progressives and greens, but the evisceration of its climate package makes it a more bitter pill to swallow. In particular, greens have chafed at the focus on roadbuilding in the infrastructure bill, in the absence of guardrails that would force a focus on repair rather than expansion.

Left out
The bill leaves out Biden's proposal to spend $400 billion to bolster caregiving for aging and disabled Americans -- the second largest measure in the American Jobs Plan.

His proposal would have expanded access to long-term care services under Medicaid, eliminating the wait list for hundreds of thousands of people. It would have provided more opportunity for people to receive care at home through community-based services or from family members.

It would also have improved the wages of home health workers, who now make approximately $12 an hour, and would have put in place an infrastructure to give caregiving workers the opportunity to join a union.

Also left on the sideline: $100 billion for workforce development, which would have helped dislocated workers, assisted underserved groups and put students on career paths before they graduate high school.

The bill also leaves out the $18 billion Biden proposed to modernize Veterans Affairs hospitals, which are on average 47 years older than private-sector hospitals.

What's also out is a slew of corporate tax hikes that Biden wanted to use to pay for the American Jobs Plan.


Basically a lot of ambitious cuts to the bill and a somewhat medium blow to the climate initiative toward carbon neutrality and zero emission vehicles along with what progressives wanted. AOC not pleased at all.

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The bill could had been bigger and better. Progressives caved. But it sort of gives Biden something to boast about. This one writer for National Review is pissed off.

"..Every Republican who voted for this monstrosity who is not already retiring should be primaried and defeated by candidates who will actually resist the Left-wing agenda. Those who are retiring should be shamed for the rest of their lives. It also is not too soon to be asking whether Representative Kevin McCarthy should be ousted from leadership for his inability to keep his caucus together on such a crucial vote. "

https://www.nationalreview.com/corner/disgraceful-house-republicans-rescue-bidens-flailing-agenda/

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like 5 billion? remember when Trump wanted 5b for border security and nancy said it was too much money? oh the hypocrisy, lol

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Expect another dramatic rise in inflation.

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It has already dramatically risen in US.

If inflation was measured the way it was measured during the 70s/80s, US inflation would be right now close to 15%.
http://www.shadowstats.com/alternate_data/inflation-charts

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Well each time they pass one of these bills to give handouts to their puppeteers, a few months go by and prices jump even more. I cannot believe the people who blindly support this nonsense do not notice their money buys less.

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