Senate Majority Leader Chuck Schumer says “no decision has been made” on whether to negotiate with the Republicans
Hope for negotiated US infrastructure deal
Ruling by parliamentarian means Biden plan could be passed by a reconciliation bill if needed
President Joe Biden’s energy transition plan came a step closer to passing into law last week when his administration received a supportive ruling from the Senate’s nonpartisan arbiter of rules, parliamentarian Elizabeth MacDonough. MacDonough ruled that the Congressional Budget Act of 1974 can allow for multiple reconciliation bills in one fiscal year. These bills allow budget-related items to pass with a simple majority rather than the two-thirds needed for other legislation. $174bn — Proposed investment in EV market This hands the Democrats power to push through Biden’s agenda by adding directives to the $1.9tn Pandemic Relief Bill passed in March. Biden’s proposed $2.25tn, eight-
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The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
