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The Senate advanced a bipartisan infrastructure deal Wednesday evening, voting to open debate on the legislation after weeks of tumultuous talks that had at times thrown the entire plan into jeopardy.
After last-minute snags over transit funding and other items, key negotiators announced they had reached a deal earlier Wednesday. Senate Majority Leader Chuck Schumer said following the announcement that a vote could happen within hours, and multiple Republicans declared their support for the deal throughout the day.
The bill includes $550 billion in new spending, and totals about $973 billion. It allocates billions of dollars toward repairing the nation’s roads, bridges, waterways and drinking water pipes and provides funding for expanded broadband, EV charging stations and public transit.
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For the past two years, the federal government has been unfettered in its ability to borrow all the money it needed to pay the nation’s bills.
Congress temporarily suspended the debt ceiling as part of the Bipartisan Budget Act of 2019, but the blank check is set to expire on July 31, leaving lawmakers to fight over how much to raise the borrowing limit, if at all.
Senate Republicans are threatening to vote against a debt ceiling increase and have called on Democrats to lift it unilaterally using a budgetary tactic called reconciliation, allowing certain legislation to pass with only a simple majority rather than the 60 votes needed for most other bills.
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