Senate Dems Reach $3.5 Trillion Budget Agreement — Schumer Says They Are ‘Very Proud’
Senate Democrats reached a $3.5 trillion budget agreement. It aims to address “ human ” infrastructure. As The Associated Press reports, the “ambitious proposal reflects Biden’s vision for making the most substantive…
Senate Democrats reached a $3.5 trillion budget agreement. It aims to address “human” infrastructure.
As The Associated Press reports, the “ambitious proposal reflects Biden’s vision for making the most substantive potential investments in the nation in years.”
Democratic lawmakers are hoping to push a budget reconciliation through the House and Senate before lawmakers leave for the August recess. Per the AP, “The resolution sets only broad spending and revenue parameters, leaving the actual funding and specific decisions about which programs are affected — and by exactly how much — for later legislation. … The later spending legislation will likely not start moving through Congress until the fall.”
The legislation will need 50 votes to pass in the Senate, which Schumer is confident in eventually getting those votes.
The total comes to $4.1 trillion when this $3.5 trillion budget plan and a separate bipartisan infrastructure proposal are combined.