Progressives fearful as Biden plan pushed into December

DMCA / Correction Notice
- Advertisement -

Senate Majority Leader Chuck Schumer’s decision this week to take down the National Defense Authorization Act will likely advance the Senate’s view on President Biden’s Build Back Better social spending plan in December, raising more concerns over progressives.

- Advertisement -

why it matters: Liberal Democrats were already worried that the commitment of House Moderates to vote on the BBB (estimated $1.75 trillion) was less than ironclad following passage of the $1.2 trillion infrastructure bill, which Biden is to sign on Monday.

  • Now, with inflation rising, Biden’s and Democrats’ election numbers sinking and the midterm nearing, the timing may not be on the side of those who are spending more massively.

Running news: Schumer’s scheduling announcement comes after Speaker Nancy Pelosi promised a House vote this week on the BBB in a “Dear Aide” letter on Sunday morning. Some lawmakers predict the vote will come on Friday, or perhaps over the weekend, before heading for the Thanksgiving break.

  • Five House centrists have agreed to vote on the BBB pending an analysis by the Congressional Budget Office (CBO). It can take it on the line. But the CBO is expected to continue analyzing how much each of Biden’s proposals will cost — and how much actual revenue can be expected from the various proposed tax hikes.
  • In the meantime, House centrists are nervously looking for any signs that Senate Moderates, including Joe Manchin (DW.Va.), may move to pass legislation next year, especially with the Bureau of Labor Statistics’ previous Showing record levels of inflation after the week’s report.
  • And the calendar is getting crowded: Congress will also have to fund the government by December 3 and raise the debt limit before the end of the year.

Be smart: While there is some progressive anger that the CBO’s numbers will not match those of the president’s, the real enemy has always been time – and the chance the political climate can change.

big picture: While most Americans support both Biden’s spending plans, his approval rating hit a new low, with 41% approving and 53% disapproving of his job as president, according to one new poll From The Washington Post.

- Advertisement -

What are we watching: Progressive groups are pressurizing the centrists to fulfill their promises.

  • Real Recovery Now is running a full-page ad in the New York Times on Monday, with a great quote from their commitment letter.
  • Care Can Not Weight is launching a six-figure buy digital ads Along the same lines on Tuesday: “Passing the infrastructure bill was a great first step. Now, let’s finish the job, ”says the narrator.


- Advertisement -

Stay on top - Get the daily news in your inbox

Recent Articles

Related Stories