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Biden’s sweeping infrastructure, social spending bills finally get a vote -Breaking

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© Reuters. FILEPHOTO: Night view of the U.S Capitol from Pennsylvania Avenue in Washington (U.S.A), October 24, 2021. REUTERS/Sarah Silbiger/File Photo

WASHINGTON (Reuters] – The U.S. House of Representatives was poised to approve the core of President Joe Biden’s domestic agenda on Friday: a $1.75 Trillion bill for social policy and climate change and a $1 TRILLION bipartisan infrastructure bill.

Biden’s two legislation pieces represent monumental action from Congress. This includes the most significant upgrade of America’s roads, bridges, and airports in decades and the largest expansion social programs since 1960.

Following weeks of disagreement between progressives and moderates, legislators were scheduled to start hours of discussion on “Build Back better” social legislation. Despite fierce opposition from Republicans, Democrats plan to get it through narrowly divided Houses and Senates.

The Democratic-controlled House was also expected to enact the Senate-passed infrastructure bill and send it on to the White House for Biden’s signature.

An affirmative vote would bolster the credibility of Biden’s pledge to halve U.S. greenhouse gas emissions from 2005 levels by 2030 during the U.N. climate conference https://www.reuters.com/business/cop taking place in Glasgow.

Biden traveled to Europe last week, where he attended the G20 Leaders Meeting. Biden spent part of Thursday evening calling House members, asking them for approval of the reconciliation bill.

Friday’s legislative momentum comes after a disappointment for Democrats in Virginia where a Republican was elected governor in a state that Biden won in 2020.

This party wants to prove it is capable of moving forward with the President’s agenda while fighting back against Republicans in the 2022 midterm election when control over the Senate and House will be at risk.

Nonpartisan U.S. Joint Committee on Taxation released a report estimating that the tax revenue provisions of the “Build back Better” legislation will generate $1.48 trillion in the next ten years.

However, top Democrats claimed that the bill was completely paid for.

Nancy Pelosi, House Speaker and Richard Neal Chairman of the Ways and Means Committee said that the analysis failed to account for revenue generated by provisions to improve the Internal Revenue Service tax collection and lower the price for prescription drugs under the Medicare Healthcare Program for the Elderly.

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