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Economy |
Infrastructure Bill Comes to Grinding Halt After Amendment Fight |
2021-08-07 |
![]() Schumer wanted to expedite the Senate floor proceedings that could have led to a quick passage of the bill on Saturday; however, Sen. Bill Hagerty (R-TN) said that he could not consent to the bill’s advancement because of the Congressional Budget Office’s (CBO) dismal score of the mammoth, 2,702-page legislation. “We very much want to finish this important bill, so we will reconvene Saturday at noon to vote [to overcome a filibuster], and then we will follow regular order to finish the bill,” Schumer said Thursday. A spokesman for Hagerty said the senator “cannot in good conscience agree to expedite a process immediately after the CBO confirmed that the bill would add over a quarter of a trillion dollars to the deficit.” The CBO found that the infrastructure bill would add $256 billion to the deficit, the University of Pennsylvania’s Penn-Wharton Budget Model found that the bill would have no “significant” impact on economic growth. |
Posted by:Skidmark |
#3 In other news, the CBO met a spending bill they didn't like. |
Posted by: Raj 2021-08-07 11:27 |
#2 Indeed, this is a train wreck. |
Posted by: Dale 2021-08-07 08:48 |
#1 Hagerty is a patriot. One of the few left in Congress. |
Posted by: Gerthudion Whomoper3485 2021-08-07 08:42 |