Infrastructure: US House of Representatives postpones vote on infrastructure package

Actually, a decision should still be made in the evening. However, there are still disagreements with the Democrat. The package is worth a trillion dollars.

Man sei einer Einigung näher als je zuvor, sagt die Vorsitzende des Repräsentantenhauses. Quelle: dpa

Nancy Pelosi

One is closer to an agreement than ever before, says the chairwoman of the House of Representatives. (Photo: dpa)

Washington The decision on a US President Joe Biden initiated infrastructure package worth a trillion dollars is delayed. The Democratic Chairperson of the US House of Representatives, Nancy Pelosi , have postponed the vote planned for this Thursday by one day, as US media reported on late Thursday evening (local time). The reason for this are disagreements in the ranks of the Democrats. An agreement is closer than ever, said White House spokeswoman Jen Psaki late Thursday evening. “But we’re not there yet, and that’s why we need a little more time to complete the work.” They now want to continue on Friday. The infrastructure package with which roads, bridges and other transport and energy networks in the USA should be modernized, passed the Senate in August after long negotiations – with the support of Republicans . The final vote of the House of Representatives is still missing. In total, including previously budgeted funds, the package is worth more than a trillion dollars. Biden had also initiated a second package to expand social benefits in the country. For example, he wants to invest more in education and childcare, support families more and give them tax relief and take money into the fight against the climate crisis. This package is worth $ 3.5 trillion, also spread over several years.

Top jobs of the day

Now find the best jobs and
be notified by email.

More:

    Trillions for the political turnaround? Joe Biden threatens his first big defeat

    • dpa

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Positive US futures awaiting the Opening Bell thumbnail

Positive US futures awaiting the Opening Bell

(Teleborsa) – Dopo una giornata fortemente negativa, i future USA indicano che il mercato americano dovrebbe aprire la seduta in positivo, cercando di mettere a segno un parziale rimbalzo. Una serie di trimestrali positive ha contribuito a compensare le preoccupazioni degli investitori su crescita, inflazione e tapering della FED. Il contratto sul Dow Jones guadagna…
Read More
After conquering the United States, Toyota also recorded record sales in China thumbnail

After conquering the United States, Toyota also recorded record sales in China

Успехът на Toyota на най-големия автомобилен пазар в света допълнително подчертава превъзходството на концерна в глобален план Президентът на Toyota Акио Тойода. Снимка: Kiyoshi Ota/Bloomberg Японският автомобилен концерн Toyota Motor Corp. отбеляза нов рекорд при продажбите на автомобили в Китай през 2021 г., съобщава Nikkei Asia Review, цитирайки компанията. Успехът на Toyota на най-големия автомобилен пазар в света…
Read More
Market Extra: History shows stock market’s bullish momentum in the first half could spill over into the second half, but analysts are not so sure thumbnail

Market Extra: History shows stock market’s bullish momentum in the first half could spill over into the second half, but analysts are not so sure

The U.S. stock market closed out a historically robust first half of the year that saw the technology-heavy Nasdaq Composite post its best opening six-months in four decades.The rally happened despite numerous downside risks, including the collapse of three U.S. regional banks, the gridlock in Congress over raising the debt ceiling, and forecasts of a
Read More
Index Of News
Total
0
Share