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Axios is reporting that in an effort to counter Republican attacks, Senate majority leader Chuck Schumer will release a report today by Moody’s chief economist Mark Zandi that argues that the bipartisan infrastructure deal and social-spending package would help the economy.
Some key points from the report, according to Axios:
Today’s the day of the cloture vote on the bipartisan infrastructure deal.
Members of the bipartisan group that negotiated the deal – and are still smoothing out the last bits of pay-fors that have Republicans unhappy that they’re being rushed into a procedural vote – seem optimistic that they have the general idea, but not the text.
Infrastructure latest: A glimmer of hope?
“I think it may well be done tomorrow,” Romney said just now, after a mtg w WH team.
“It will be a long, long time before we actually have a full bill of text, but we may have all of the issues resolved by tomorrow,” via @JulieNBCNews
the infrastructure bill is both alive and dead at the same time, a feeling a lot of us can relate to
There’s a lot of drama over tomorrow’s Senate vote to open debate on infrastructure. Failure doesn’t mean the deal is dead—and if it collapses that won’t be the reason why. Here, for instance, is the tortured path the CARES Act took to passage, including two failed cloture votes. pic.twitter.com/0DmevUqEeU
Bipartisan deals fall through for a lot of reasons in the Senate but the timing of a procedural vote isn’t really one of them. Much as former Majority Leader McConnell did with the CARES Act, current Majority Leader Schumer can bring it up again later if it falls short of 60.
Unless there’s a breakthrough tonight, it doesn’t look like the infrastructure deal has the 60 votes to formally begin debate in the Senate tomorrow. Republicans say they want a finalized, agreed-to product (not necessarily completed legislative text) before they support that.
Read the original article at The Guardian