Speaker Nancy Pelosi on Wednesday suggested the U.S. House of Representatives may not vote Thursday as planned on a $1 trillion bipartisan infrastructure bill, as she and her fellow Democrats struggle to reach agreements on their other spending proposals. Progressive House Democrats continue to say they won’t support the infrastructure
bill, already passed by the Senate, unless the party’s $3.5 trillion package targeting “human infrastructure” moves ahead in tandem, but moderate Democratic senators are opposed to the larger measure’s price tag.
“There was this, ‘Oh, my God, we can’t go to that number. Well, that completely sets off the timetable,” Pelosi told reporters on Wednesday. The California Democrat said she still planned a House vote on Thursday on the infrastructure bill, but noted she had the authority to delay it. “We take it one step at a time,” she said. Last Friday, Pelosi had said the House would “move forward to pass two jobs bills” during this week, referring to the $1 trillion and $3.5 trillion measures. A month ago, she had set this past Monday as the target date for a vote on the infrastructure package, but then in recent days she pushed back her deadline to this Thursday. Pelosi had pledged a vote by Monday to a group of moderate House Democrats to get their support for a procedural vote for the bigger package. The bipartisan infrastructure bill, known as the Infrastructure Investment and Jobs Act, passed the Senate in a 69-30 vote on Aug. 10, but it still needs to pass the House and get signed into law by President Joe Biden. See: Here’s what’s in the bipartisan infrastructure bill that the House aims to pass — and how it’s paid for Biden canceled a trip to Chicago on Wednesday so he could continue working with his party’s lawmakers on advancing the $1 trillion and $3.5 trillion bills, according to the White House. Pelosi on Wednesday signaled there needs to be agreed-upon legislative text for the larger measure in order for there to be progress. “I think that if we come to a place where we have agreement in legislative language — not just principle, in legislative language — that the president supports … then I think we will come together,” she said. In addition to wrestling with their big plans for public works and social programs, Democratic-run Washington is dealing with a Thursday deadline to fund the government in order to avoid a partial shutdown, as well as debt-limit drama. Read more: Senate Democrats tee up bill that would just prevent government shutdown U.S. stocks
were mostly gaining Wednesday, a day after the S&P 500
suffered its biggest percentage drop in more than four months.