Biden’s Giant Stimulus to Easily Pass House With Vote as Soon as Wednesday
Published Date: 3/9/2021
Source: Bloomberg Quicktake: Now
President Joe Biden’s $1.9 trillion package is poised to sail through the House when it takes up the bill as soon as Tuesday, according to Democratic lawmakers and aides, even after proposals progressives championed were scaled back. The Senate’s changes to the House-passed bill, made to appease moderates and comply with parliamentary rules, included dropping a proposed minimum wage increase but are unlikely to prove enough to make progressive Democrats vote against it. House Speaker Nancy Pelosi can only afford to have four Democrats oppose a bill for it to pass, if all members are voting and Republicans are lined up in opposition, given her party’s thin majority. Two Democrats joined a united GOP in voting against the initial version of the stimulus. Pelosi on Sunday predicted the bill will pass. “In two days, the House will have a resounding, hopefully bipartisan, vote for justice,” Pelosi said in a letter to her caucus on Sunday. “We can then send it to the president and move quickly to distribute its life-saving resources.” Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake