Congressional Update: Infrastructure, Budget Bills, Government Shutdown?
U.S. House and Senate Democrats continue negotiating a way forward for the $1 trillion bipartisan Infrastructure Investment and Jobs Act (IIJA) and a partisan $3.5 trillion reconciliation package.
On Saturday, September 25, the House Budget Committee will combine the House committees’ individual portions of the reconciliation package – including the tax provisions – into one package.
This package as it currently stands has no chance of passing the Senate, as Senators Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) have reiterated their opposition to the size and scope of the current House version.
House Speaker Nancy Pelosi (D-CA) has pledged to not hold a vote in the House before an agreement can be reached with Senate, which would not pass the House’s current package without significant changes.
Click Here to act now – we need you to contact your Congressional members and urge them to oppose the House reconciliation package.
Senators will have their own opportunity to markup and submit amendments for their version of the reconciliation package.
In August, Senator Deb Fischer (R-NE) submitted an amendment prohibiting people making more than $100,000 a year from claiming EV tax credits and to end tax credits for EVs that cost more than $40,000. Both Senators Manchin and Sinema supported the amendment.
As a reminder, government funding expires on September 30.
Since Congress has not finalized a FY 22 spending package, Congress must pass a Continuing Resolution (CR) to temporarily keep the government open.
Democrats are attempting to combine a CR with a debt ceiling increase, which Senate Republicans have pledged to oppose.
