Biden urges passage of two key bills amid legislative "stalemate" - VietBF
 
 
 
News Library Technology Giải Trí Portals Tin Sốt Home

HOME

NEWS 24h

ZONE 1

ZONE 2

Phim Bộ

Phim Lẻ

Ca Nhạc

Breaking

Go Back   VietBF > World Box| Thế Giới > World News in English


Reply
 
Thread Tools
Old 09-24-2021   #1
florida80
R11 Độc Cô Cầu Bại
 
florida80's Avatar
 
Join Date: Aug 2007
Posts: 112,130
Thanks: 7,282
Thanked 45,852 Times in 12,757 Posts
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 511 Post(s)
Rep Power: 139
florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10
florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10florida80 Reputation Uy Tín Level 10
Default Biden urges passage of two key bills amid legislative "stalemate"

9/24


Australia will get nuclear-powered submarines. Some see a proliferation threat.
Missing fiancé of Gabby Petito wanted for taking $1K from bank account after…

President Biden acknowledged Friday that Congress is "getting down to the hard spot" on negotiations over his massive social spending plan, as Democrats are navigating a deep divide between their moderate and progressive wings.

President Biden Delivers Remarks On Covid-19 And Vaccination© Al Drago/Bloomberg via Getty Images President Biden Delivers Remarks On Covid-19 And Vaccination
Progressive Democrats want to delay the House vote scheduled Monday on the $1 trillion bipartisan infrastructure bill, so that they can first vote on the up-to $3.5 trillion measure that aims to create jobs, raise taxes on the wealthy, address climate change and ease the financial burden on lower- and middle-income families. But House Speaker Nancy Pelosi says the infrastructure vote will take place Monday/
Biden speaks on booster shots, COVID response and economic plans
Click to expand
At the same time, the federal government faces the possibility of a partial government shutdown and is likely a few weeks from U.S. default, which has never before happened. On Friday, speaking to reporters at length about his legislative agenda, the president had a clear message to lawmakers in his party.

"Now, we're at this stalemate at the moment, and we're going to have to get these two pieces of legislation passed. Both need to be passed," he said.

A majority of the 96-member House Progressive Caucus say they'll vote against the bipartisan bill that passed in the Senate if the reconciliation bill isn't passed first, while moderate Democrats insist infrastructure needs to pass first and have and at least two Democratic senators are withholding their support for the $3.5 trillion reconciliation bill because its price tag is too high.

Some moderate Republicans may vote for the infrastructure bill, but it's unclear if there are enough of them to compensate if progressives make good on their threat. House GOP leaders are encouraging members to vote "no" on the $1.2 trillion infrastructure bill.

Mr. Biden met with key Democratic lawmakers at the White House Wednesday in an attempt to resolve some of their differences.

"One of the things that I think is important, and I'm trying to get people to focus on, is, what is it you like?" Mr. Biden said Friday, referencing Democratic lawmakers. "What do you think we — forget a number. What do you think we should be doing? ... And several of them, when they go through their priorities, it adds up to a number higher than they said they were for. Because I think this is — we're getting down to the hard spot here. People are having now to go in and look in detail as to what it is specifically they're for."

Senate Majority Leader Chuck Schumer, standing alongside Treasury Secretary Janet Yellen and Pelosi, announced Thursday that the White House and congressional Democrats reached an agreement on a "framework" for revenue to support a massive reconciliation bill. But he, Pelosi and the White House said little more about what that framework actually entails. Pelosi offered no figures on how large the reconciliation bill would ultimately be, and it isn't even clear who within the Democratic Party has signed off on the revenue "framework."

"It's not about a price tag — it's about values, not dollars," Pelosi said Thursday.

Pelosi also didn't say whether she believes she has the votes to move forward with the scheduled vote on the bipartisan infrastructure bill on Monday.

"We take it one day at a time. I'm confident that we will pass both bills," Pelosi said of the infrastructure and reconciliation bills.

Negotiations over the infrastructure and reconciliation bills come as Congress struggles to avoid defaulting on the nation's debts. The debt ceiling or debt limit is the maximum amount the U.S. is allowed to borrow to pay its debts. If Congress does not vote to raise it, "some time in October — it is impossible to predict precisely when — the Treasury Department's cash balance will fall to an insufficient level, and the federal government will be unable to pay its bills," Treasury Secretary Janet Yellen wrote in a Wall Street Journal opinion piece Sunday.

Republicans are refusing to help lift the debt ceiling, arguing that the Democratic-controlled Congress and Biden administration are spending recklessly, so they alone should cast the votes to raise the debt limit. Democrats retort that they joined Republicans in voting to increase the debt ceiling three times under former President Trump.

"This could not be simpler," Senate Minority Leader Mitch McConnell said on the Senate floor Thursday. "If they want to tax, borrow, and spend historic sums of money without our input, they'll have to raise the debt limit without our help. This is the reality."

The House has passed what's known as a "continuing resolution" to fund the government at current levels through December 3 and to suspend the debt limit through December 16, 2022. If the Senate were to pass the measure, lawmakers would avoid default and avert a partial government shutdown that would occur when funding runs out on September 30.

But McConnell's threat suggests that when the Senate takes a key procedural vote on the House bill, which Schumer said would happen on Monday, the measure will fail.

"Every single member in this chamber is going on record as to whether they support keeping the government open and averting a default or support shutting us down and careening our country toward a default," Schumer said Thursday night.

Still, Pelosi has expressed confidence that the federal government would avert a shutdown. "We will have a CR that passes both houses by September 30," she said.

The Office of Management and Budget has requested that agencies begin preparing their updated shutdown plans together, a standard procedure when Washington gets close to a potential shutdown.

"We fully expect Congress to work in a bipartisan fashion to keep our government open, get disaster relief to the Americans who need it, and avoid a catastrophic default, especially as we continue to confront the pandemic and power an economic recovery. In the meantime, prudent management requires that the government plan for the possibility of a lapse in funding," OMB spokesman Abdullah Hasan said. "Consistent with longstanding practice across multiple Administrations, OMB is preparing for any contingency, and determinations about specific programs are being actively reviewed by agencies. More importantly, there is enough time for Congress to prevent a lapse in appropriations, and we are confident they will do so."

All of this — intraparty disagreements over the president's key agenda spending, the debt ceiling and the possibility of a government shutdown — comes weeks after the administration's widely criticized withdrawal from Afghanistan left some Americans and vulnerable Afghans behind as the Taliban's government takes shape. On Friday, the president addressed those who had hoped his administration would have a better handle on the country, and the world, by now.

"There's a lot I'm sure along the line that there are things that I could have done better, but I make no apologies for my proposals, how I'm proceeding, and why I think by the end of the year we're going to be in a very different place," he said.

Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Attached Thumbnails
Click image for larger version

Name:	AAOMyut.jpg
Views:	0
Size:	56.5 KB
ID:	1877605  
florida80_is_offline   Reply With Quote
Reply

User Tag List

Thread Tools

Facebook Comments


 
iPad Tablet Menu

HOME

Breaking News

Society News

VietOversea

World News

Business News

Other News

History

Car News

Computer News

Game News

USA News

Mobile News

Music News

Movies News

Sport News

ZONE 1

ZONE 2

Phim Bộ

Phim Lẻ

Ca Nhạc

Thơ Ca

Help Me

Sport Live

Stranger Stories

Comedy Stories

Cooking Chat

Nice Pictures

Fashion

School

Travelling

Funny Videos

NEWS 24h

HOT 3 Days

NEWS 3 Days

HOT 7 Days

NEWS 7 Days

HOT 30 Days

NEWS 30 Days

Member News

Tin Sôi Nổi Nhất 24h Qua

Tin Sôi Nổi Nhất 3 Ngày Qua

Tin Sôi Nổi Nhất 7 Ngày Qua

Tin Sôi Nổi Nhất 14 Ngày Qua

Tin Sôi Nổi Nhất 30 Ngày Qua
Diễn Đàn Người Việt Hải Ngoại. Tự do ngôn luận, an toàn và uy tín. V́ một tương lai tươi đẹp cho các thế hệ Việt Nam hăy ghé thăm chúng tôi, hăy tâm sự với chúng tôi mỗi ngày, mỗi giờ và mỗi giây phút có thể. VietBF.Com Xin cám ơn các bạn, chúc tất cả các bạn vui vẻ và gặp nhiều may mắn.
Welcome to Vietnamese American Community, Vietnamese European, Canadian, Australian Forum, Vietnamese Overseas Forum. Freedom of speech, safety and prestige. For a beautiful future for Vietnamese generations, please visit us, talk to us every day, every hour and every moment possible. VietBF.Com Thank you all and good luck.


All times are GMT. The time now is 19:57.
VietBF - Vietnamese Best Forum Copyright ©2006 - 2024
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Log Out Unregistered

Page generated in 0.05707 seconds with 15 queries