Repurposing money allocated from last year's pandemic-fueled CARES Act for use in this year's bipartisan infrastructure act won't mean that the nation won't still have a massive debt to repay, Sen. James Lankford warned on Newsmax Wednesday.
It's finally "Infrastructure Week" and Congress is hammering out the details of a $1 trillion bill inching closer to the finish line. But one area that could face unpleasant consequences from the bill is cryptocurrencies.
The U.S. Senate in a rare Saturday session worked on a bill that would spend $1 trillion on roads, rail lines and other infrastructure, as lawmakers from both parties sought to advance President Joe Biden's top legislative priority.
The Senate passed a procedural vote to advance a $1.2 trillion infrastructure package. In a 67-to-32 vote Wednesday, the Senate reached bipartisan support to move forward on the bill after weeks of no progress.
A bipartisan group of senators reached a final agreement on a roughly $1 trillion infrastructure package Wednesday, although it remains to be seen if there are enough votes to overcome a Republican filibuster.
Joe Biden’s promise of unity appears to be nowhere to be seen on Capitol Hill. The two major parties continue to clash on the bipartisan infrastructure deal as Senate Republicans block a vote to open debate on the nearly $1 trillion measure.
According to Joe Biden, a bipartisan infrastructure deal has been crafted. Biden officially made the announcement on Thursday following weeks of discussions by lawmakers on both sides of the aisle.
President Joe Biden said he’s reached a tentative deal with a group of Democratic and Republican senators on a bipartisan, $579 billion five-year infrastructure plan that would fulfill one of his top priorities.
