Fourth relaunch of live updates: bipartisan infrastructure bill, California stimulus, social security 2022, child tax credit …


Congress gives Biden much-needed good news with infrastructure vote

With this week election results in New Jersey and Virginia suggesting that voters are embittered Democrats, President Joe Biden was in dire need of good news. And on Friday he finally had a little.

The United States House of Representatives, controlled by its democrats, passed a $ 1 trillion infrastructure bill to repair airports, roads and bridges across the country – three months after the Senate – by sending the bill to Biden’s office for signature.

On top of that, a sweep $ 1.75 trillion in social spending and climate bill who is a centerpiece of Biden’s presidential campaign, has crossed a procedural hurdle in the House, though he remains not clear when he will get a final vote.

This happened the same day the government reported a better-than-expected situation. more than 500,000 jobs were added last month, suggesting that the economic rebound is accelerating.

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq all hit a series of record highs this week. But the White House watched with concern Biden’s approval ratings have fallen steadily amid the ongoing pandemic, higher inflation, a chaotic withdrawal from Afghanistan and months of wrangling between Democrats in Congress over the infrastructure and social spending bills.

The alarm bells really sounded this week when Republican Glenn Youngkin edged Democrat Terry McAuliffe in the race for governor of Virginia, a state Biden won by 10 percentage points a year ago. In New Jersey, Democratic Gov. Phil Murphy narrowly won the re-election of Republican Jack Ciattarelli in a surprisingly close contest.

In both races, suburban and independent voters who were critical to Biden’s victory turned to Republicans, a warning sign ahead of next year’s midterm elections, when congressional control will be stake.

The White House is eager to the infrastructure bill to empty the house since it passed the Senate in August with 19 Republicans voting alongside 50 Democrats. She had been suspended in the House as progressives tied her fate to the social spending package.

His passage comes at an auspicious time for Biden. The current Reuters / Ipsos presidential endorsement tracking poll shows that about 48% of American adults approve of Biden’s performance, with respondents citing the economy as their main concern.

Polls continue to suggest that Americans don’t know if this bill will benefit them. In a poll released by Emerson College this week, 39% of those polled believed it would have a negative impact on their lives, while 34% said it would have a positive impact.

Leave A Reply

Your email address will not be published.