Recently, Senators held a vote that was massively in favor of ending the debate concerning the Infrastructure Investment and Jobs Act. This means that the bill will most likely pass through the chamber within the next few days to a week.
A group of lawmakers sixty-eight strong, which included all fifty Democrats and a group of eighteen Republicans, finalized the vote to end debates on the bill which signaled continued support for the bill from both political camps. Chad Pergram, the Fox News congressional correspondent, made note that Sen. Roger Wicker (R-MS), just recently, swapped camps and threw his support behind the legislation.
As reported by CBS News:
Given the bipartisan agreement on the bill — and Senate Minority Leader Mitch McConnell joining 17 other Republicans to vote Saturday to advance the bill — Democrats had hoped to vote on final passage this weekend. But Republican Senator Bill Hagerty of Tennessee refused to agree to speed up the voting, despite that passage is widely expected.
The news outlet Politico also weighed in, stating:
Final passage of the legislation is expected late Monday night, or the wee hours of Tuesday at the latest, unless a deal is reached among all 100 senators to speed it up. A 50-hour budget debate and an unlimited “vote-a-rama” on nonbinding but politically symbolic topics will follow immediately after.
While Senate passage of the bipartisan infrastructure bill is imminent, the legislation still faces an uncertain future in the House. Democratic moderates are already pressuring Speaker Nancy Pelosi to take the legislation up immediately, though Pelosi and many progressives want to wait until a Democratic-only social spending bill also passes the Senate. That bill cannot be filibustered by Senate Republicans in the evenly split chamber.
The Infrastructure Investment and Jobs Act, which found its origins being negotiated by center-leaning Democrats and Republicans such as Sen. Kyrsten Sinema (D-AZ) and Sen. Mitt Romney (R-UT), is currently the accepted alternative to Uncle Joe’s bloated $2.7 trillion American Jobs Plan.
Along with the various other items in the bill, the Senate made counteroffer, which is currently supported by Old Uncle Joe’s administration, seemingly slates out $110 billion for roads and bridges, $73 billion to electric infrastructure, $66 billion to passenger and freight rail, $65 billion to high-speed internet, and $39 billion to public transit.
It is not universally supported though as the bill has several points that have raised concerns among conservatives.
An example of this would be one such provision that would amend the Internal Revenue Code by bringing forth a “return requirement for certain transfers of digital assets not otherwise subject to reporting, ” which is one change that Sen. Ted Cruz (R-TX) thinks will “devastate crypto and blockchain innovation.”