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Biden Says Infrastructure Can Wait, Spending Plan May Shrink - Bloomberg

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President Joe Biden reset Democrats’ expectations for his economic agenda Friday, telling lawmakers to expect a smaller tax and spending package and ending chances that a bipartisan infrastructure bill would get a vote any time soon.

In remarks to a closed-door meeting of House Democrats, Biden said the Senate-passed legislation with $550 billion in new infrastructure spending could wait. That put an end to a week of intra-party drama in the House, but he also offered the two feuding wings of his party what amounted to partial victories.

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October 02, 2021 at 05:22AM
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Biden Says Infrastructure Can Wait, Spending Plan May Shrink - Bloomberg
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