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Infrastructure: Here s what s in Biden s counteroffer
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Here s what s in Biden s counteroffer on infrastructure
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Senate committee budget vote delayed until next week
As the end of the week approached, the Senate Appropriations Committee was still finalizing FY 2022 budget details, and a planned Friday vote was pushed until Monday. On Wednesday, Committee Chair Jane Kitchel, D-Caledonia, expressed repeated frustration that she was still receiving bills and specific appropriation requests from committees, including H.171 (a child care bill) and H.360 (a broadband bill). Those attempting to follow the budget deliberations were likewise frustrated by the lack of documents and transparency in the process.
Some of the delay in the always-complex legislative budget process is due to the influx of federal funding coming to Vermont from the American Rescue Plan, and disagreements between the administration and the legislature on how and when ARPA money should be spent. The House-passed budget included $650 million of ARPA dollars, and the administration immediately opposed what they viewed was a prema
President Biden unveiled a new $2 trillion American Jobs Plan on Wednesday, March 31, focused on infrastructure, the care economy, climate and, as the name implies, creating desperately needed good jobs. Previous U.S. COVID-19 spending stimulus packages were focused on short-term emergency response, and too much of it propped up the business-as-usual, polluting economy.
This new proposal is designed to promote longer-term economic recovery and keep the United States competitive while responding to the economic devastation from the coronavirus pandemic and the climate crisis.
If the proposal becomes law this summer, as Biden hopes it will, it would simultaneously create millions of good-paying jobs and be the most important climate legislation in U.S. history. Not all of the specific investment amounts have been identified yet, but it appears that at least $1 trillion would go to sectors that fall under the broad umbrella of climate change, clean energy and environmental justice.
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On March 31, the Biden Administration released details on its “American Jobs Plan.” Containing $2.25 trillion in new spending, $400 billion in tax credits, and $2.75 trillion in tax increases, if passed as proposed, the plan would be among the largest pieces of legislation in American history.REF The sprawling nature of the proposal, which includes taxes, transportation infrastructure, schools, health benefits, economic incentives, and more, makes the package difficult to analyze and summarize for public debate.
This has become standard practice in Washington: Leading Members of Congress bundle disparate policy measures into a handful of bloated legislative vehicles per session, and deem them “must pass” in order to pressure rank-and-file Members to vote in favor of them regardless of their specific policy concerns.REF
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