President Biden’s plan to build back better advances in Congress President Biden’s plan to build back better continues to gather momentum as House committees finalize key portions of the legislation and provisions to cover the cost. Democrats plan to advance the legislation via the budget reconciliation process, which requires a simple majority instead of the…
Corporations and the wealthiest need to pay their fair share Translating President Biden’s plan to build back better into action includes paying for it—and that means requiring corporations and the wealthiest to pay their fair share. While the pandemic raged last year, 55 of the nation’s largest corporations paid no federal income tax on $40.5…
Senate passes $1 trillion infrastructure bill and $3.5 trillion budget framework Immediately after passing a $1 trillion infrastructure bill supported by all 50 Democrats and 19 Republicans, the Senate passed a $3.5 trillion budget framework in a 50-49 party-line vote. Precisely how the money will be spent still needs to be determined—a process that could…
Senate is expected to take up $3.5 trillion package this week Last week, the Senate took up the Infrastructure Investment and Jobs Act (H.R. 3684), a $1 trillion bipartisan public works bill that includes an extension of the Secure Rural Schools program, lead pipe removal, and electrified school buses. This week, following passage of the…
Biden’s plan to build back better clears key hurdle In a major victory for the Biden administration, the Senate voted 67-32 to take up a bipartisan bill providing $1 trillion for roads, bridges, rail, transit, water and other physical infrastructure programs. The biggest federal public works bill in more than a decade, it includes an…