While Speaker Nancy Pelosi anticipates passage of the infrastructure plan, Democrats are split on whether to do so before the details of a follow-up $3.5 trillion measure are determined.
Pelosi indicated confidence in the legislation’s passage when she announced the timetable on Sunday, Sept. 26, telling reporters: “Let me just say that we’re going to approve the bill this week.” She reportedly stated earlier that day that she would not bring the bill to a vote unless she believed it would pass.
Nancy Pelosi, Speaker of the United States Chamber of Representatives, stated that the house will vote on Thursday, Sept. 30, on whether to pass the Biden administration’s contentious $1 trillion bipartisan infrastructure package.
“Tomorrow, September 27, we will begin debate on the Bipartisan Infrastructure Framework on the Floor of the House and vote on it on Thursday, September 30.”
Pelosi highlighted that the vote will occur the day before the Surface Transportation Reauthorization Act of 2021 expires. While the measure passed the Senate on Aug. 10 with bipartisan support, clauses in the bill mandated rigorous counterparty reporting requirements for decentralized network validators and software developers who lack the necessary information.
Although the bill passed on Aug. 10, Senator Pat Toomey’s amendment garnered bipartisan support from Senators Cynthia Lummis, Rob Portman, Mark Warner, Kyrsten Sinema, and Ron Wyden. The proposal attempted to exempt validators, developers, and node operators from the law.
To the dismay of the crypto community, Alaman Senator Richard Shelby’s lone objection prevented the amendment from being added to the legislation. However, other members believe the infrastructure package should be delayed until negotiations on the follow-up $3.5 trillion social welfare and climate bill are concluded.
With some Democrats concerned about the cost of the second plan, Pelosi stated that it is “self-evident” that the bill’s scope might be lowered.
“We are now collaborating with the Senate and the White House to amend this landmark legislation,” she said. “[$3.5 trillion] was the figure that the Senate and the president communicated to us. Obviously, with negotiation, some modifications must occur as soon as possible to allow us to develop our consensus to move forward.”
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