Infrastructure Read
House progressives say they can bring down the bipartisan bill if they do not get their priorities too, but as White House lobbying steps up, other Democrats have different ideas.
Transportation Secretary Pete Buttigieg and Senator Chuck Schumer, the Democratic majority leader, voiced commitment to completing the long-delayed project to construct a new train tunnel under the Hudson River.
Moderate Republicans said they believed that the $1.2 trillion bill, which they suggested they could now begin drafting, would have enough G.O.P. support to pass the Senate.
Biden agreed to a stripped-down version of his infrastructure plan — with caveats.
The admission was an attempt by the White House to salvage what had been one of the signature successes for a president who hopes to cement a legacy as a bipartisan deal maker.
Experts say the details of the spending will matter — and that, in some areas, more money will be needed to fix beleaguered roads, bridges and other infrastructure.
Republicans vented on Friday over President Biden’s comment that he would not sign the agreement without a second, far more ambitious package on hand.
Successfully clearing their latest Fed stress tests will free them to resume huge stock buybacks.
The president has long pitched himself as both solidly progressive and committed to bipartisanship. His deal with Republicans, coupled with assurances to liberals, attempts to marry the two.
Democrats hope to include climate and clean energy in a second bill. It could be Biden’s last chance to pass major global warming legislation.
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