President Biden and Democrats KNEW they where NEVER gonna get all the Trillion’s of taxpayer dollars they originally pitched for….
Now?
Buffed by Republican pushback along with moderate Democrats?
The Biden admin people are signalling that they’ll settle for less money in a final Infrastructure agreement….
In order to appease all the political sides (read the Progressives)….
His people have they are digging deep into the budget to do some of things they want to do….
I have often pointed out here…
The way the American political system works is there ‘compromise’….
The extreme parts of both parties won’t be happy…
But the ‘Senator’ part of President Biden is now working to get his second major legislative initiative passed…
All this while Biden still talks about ‘Going BIG’.…
President Biden and his team have entered a “do more with less” phase of his economic agenda, dictated by the political realities of a closely divided Congress.
The American Jobs Plan that Mr. Biden unveiled in March included $330 billion in new spending that the administration promisedwould replace every lead drinking pipe in America, connect every home to high-speed internet and build 500,000 charging stations for electric cars and trucks.
The compromise agreement that Mr. Biden struck with centrist senators last month would still accomplish all of those goals, White House officials insist — even though it spends only about 40 percent of what Mr. Biden initially proposed for broadband, electric vehicles and water infrastructure.
Biden aides say they have found creative ways to stretch federal dollars, often by leveraging private investment, in order to maintain the president’s top goals for his economic program. But they have had to scrap other targets as a result, and Mr. Biden is now barreling toward another round of potentially difficult compromises, this time forced by moderates in his own party, over the second half of his agenda, known as the American Families Plan….
…
“It’s time that we have to think bigger and we have to act bolder,” Mr. Biden said at a community college in suburban Chicago, his latest stop in a tour to rally support for his agenda.
Using sweeping rhetoric, the president compared his ambitions to those of former President Ronald Reagan, who presided over an economic boom during his eight-year tenure.
In 1984, “Ronald Reagan was telling us it was an American morning,” Mr. Biden said, referring to Mr. Reagan’s re-election campaign ad that bragged that it was “morning in America” because of his policies.
“This is going to be an American century,” Mr. Biden said.
But first, there will have to be compromise. The negotiations ahead will pose a challenge to the expansive vision Mr. Biden laid out to overhaul the American economy, with new and costly government interventions to lift advanced industries and train and support the workers of the future. His objective in the weeks to come will be to pack as much of that agenda as possible into a pair of bills that are unlikely to spend as much as he wants, with his economic legacy hanging on the choices he and congressional leaders make….