Biden Praises House Adoption of $3.5 Trillion Budget Plan
(Bloomberg) -- President Joe Biden on Tuesday tossed aside party divisions that nearly sunk his economic agenda and credited Speaker Nancy Pelosi’s “masterful” leadership in getting the fractious House Democratic caucus to adopt a $3.5 trillion budget resolution.
“The House of Representatives is taking a significant step toward making a historic investment that is going to transform America -- cut taxes for working families, and position the American economy for long term, long term growth,” Biden said Tuesday at the White House.
A public rift between Democratic progressives and moderates threatened to derail Pelosi’s strategy for shepherding the budget framework and a separate $550 billion bipartisan infrastructure bill through Congress.
Biden, who personally called lawmakers in the hours before the vote, classified the divide as “differences, strong points of view” that are always welcome. The president later called Pelosi and House Majority Leader Steny Hoyer to congratulate them, a White House official said.
The 220-212 House vote put to rest, for now, the divisions as Democrats prepare to leave Washington until Sept. 20. But lawmakers will return to many of the same arguments under pressing fall deadlines to enact Biden’s sweeping agenda, keep the government open and raise the debt ceiling.
The Senate already cleared the budget resolution on a 50-49 party-line vote. Tuesday’s House vote clears the way for the reconciliation process, in which committees write the details of the budget framework into tax and spending legislation the House and Senate will vote on this fall. Using reconciliation means Democrats can push it through the Senate without the threat of a Republican filibuster.
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