Good news that the $1.2T seems to be split from the larger $3.5T bill. Or do we assume there is backroom consensus on both bills and total $ (before $1.2T is voted on)? Regardless, the $3.5T will be less assuming Pelosi/Biden really can corral the moderates and the progressives together into a compromise. My guess is around $2.5T.
https://www.cnbc.com/2021/09/26/pelo...e-delayed.html
Quote:
U.S. House of Representatives Speaker Nancy Pelosi reiterated Sunday that she expects the $1 trillion bipartisan infrastructure bill to pass this week, but voting on the legislation may be pushed back from its original Monday timeline.
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The speaker added she’s working to build a consensus on President Joe Biden’s $3.5 trillion reconciliation bill.
The House Budget Committee on Saturday voted to pass the bill and send it to the House floor. Moderate and progressive Democrats have clashed over the size and scope of the package, but Pelosi said Sunday it “seems self-evident” the bill’s price tag will drop.
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