The Bipartisan frame work has little to do with President t Biden’s initial rollout ….
It is 1/5 of what Biden wanted to spend….
There are NO new taxes….
And it’s JUST about capital spending…..
In order to make Democrats happy?
There IS gonna have to be talk (and promise) about about a YUGE reconciliation only 50 US Senate vote Bill effort….
President Biden is keen for any agreement to add to his stimulus success…
No matter what is in the agreement, it is likely to face challenges from the flanks of both parties.
Progressives in particular have been increasingly alarmed about the state of talks, fearing that climate goals will be watered down. They have been pushing in recent weeks to ensure that any potential bipartisan bill would be followed by a larger reconciliation package where broader progressive goals can be advanced.
“We have made our position clear, that the possibility of a bipartisan deal depends on a commitment to move forward on reconciliation,” said Sen. Brian Schatz (D-Hawaii) earlier this week.
Senate Minority Leader Mitch McConnell has repeatedly said that infrastructure is an area of potential bipartisan agreement, but has not yet signed on to the group’s deal.
“The devil’s in the details and we’ll have to make sure there’s not some kind of hidden tax increase in there, and I want to see that it’s credibly paid for,” he said during a radio appearance earlier Wednesday.
The topline for new spending on the proposal has now shifted to $559 billion, based on repurposing $20 billion in broadband funds, according to a source familiar with the matter. The source added that a tentative agreement on the framework is possible….