Trump Will Redirect Billions in Unspent Funds from Biden’s Climate Law to ‘Real Infrastructure’

Construction Plans

President-elect Donald Trump is planning to redirect unspent Inflation Reduction Act funding to spending on infrastructure, the Daily Caller News Foundation has learned.

“President Trump will rapidly defeat inflation and bring down all prices by ending the Democrats’ anti-energy crusade, which will cut energy prices in half during his first 12 months in office,” Karoline Leavitt, Trump-Vance transition spokeswoman, told the DCNF in a written statement. “He will also terminate the Green New Scam and rescind all unspent funds from the so-called ‘Inflation Reduction Act’ and redirect them to spending on real infrastructure.”

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U.S. Oil, Gas Hit Record Production Despite Opposition from OPEC, Activists, and Biden Administration

Oil Rig

The United States is producing more oil now than any nation in the world has ever produced. In 2008, the U.S. produced only 5 million barrels of oil a day. Last year, the country produced 13 million barrels daily.

The United States’ record-breaking production is often used to knock back the argument President Joe Biden’s energy policy aims to minimize domestic fuel fuel production – to cut carbon emission and make way for more renewable energy.

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Commentary: China’s Land Grab

Farmland

At both the federal and state levels, elected leaders are paying more attention to national security threats stemming from Chinese-owned real estate in the United States.

The totality of Chinese-owned real estate in the United States remains unknown and, under current law, is unknowable. For agricultural land, Chinese-owned acreage reportedly only constitutes a small share of the United States’ total, but has increased rapidly in recent years, suggesting a growing threat that would best be managed now before it turns into a significant problem.

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BlackRock to Make Massive Infrastructure Move to ‘Decarbonize the World’ and Reap Government Subsidies

BlackRock on Friday reached an agreement to acquire Global Infrastructure Partners for $12.5 billion, a move aimed at advancing the investment giant’s climate objectives and capitalizing on government subsidies, according to statements and reports.

BlackRock is the world’s largest asset manager and is a proponent of environmental, social and corporate governance (ESG) investing. Both companies share a commitment to decarbonization and BlackRock sees the deal’s timing as opportune, as governments have offered businesses rare financial incentives to build infrastructure, including for green energy projects, according to a press release.

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Ford, Xcel Plan to Deploy 30,000 Electric Vehicle Chargers Nationwide by 2030 for Business Fleets

Ford Pro, the commercial division within Ford Motor Co., and Xcel Energy, a clean energy company, will deploy 30,000 electric vehicle charging ports in Xcel Energy service territories nationwide by 2030.

Ford Pro and Xcel Energy are launching the 30×30 initiative within Xcel Energy’s broader Electric Vehicle Supply Infrastructure program to scale EV adoption and increase access to charging infrastructure.

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Report: Michigan’s Infrastructure Worse than National Averages

A new report found Michigan’s infrastructure is generally “worse than the national averages” and is a factor of statewide population loss.

The infrastructure problems range from road pavement quality to unreliable electricity causing frequent, long power outages, to outdated water infrastructure such as sanitary sewers, stormwater and flood control.

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Michigan Council to Address Population Decline, Education, and Infrastructure

Michigan’s governor by executive order has created the “Growing Michigan Together Council,” a team of nearly two dozen she wants to continue economic momentum while also stopping the migration out of state that has dropped population.

Gov. Gretchen Whitmer announced her new initiative Thursday morning, which she said would address the state’s outbound population and spur further economic development. The council will be chaired by John Rakolta Jr., a Republican, and Shirley Stancato, a Democrat.

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Commentary: The Central Importance of Infrastructure

After I’d chastised him repeatedly for being the spoiler in the November 2020 battle between Republican David Perdue and Democrat Jon Ossoff to represent Georgia in the U.S. Senate, Shane Hazel invited me to debate him on his podcast.

During our lengthy discussion, Hazel demonstrated a thorough knowledge of the U.S. Constitution, and we found ourselves in agreement on many if not most of the critical issues, starting with the First and Second Amendments. One topic I wish we could have spent more time discussing was the issue of infrastructure. As it was, I got nowhere with Hazel on that question.

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Think Tank: Detroit’s ARPA Spending Unsustainable

Detroit skyline at night

Nine years after declaring bankruptcy, the city of Detroit received more than $826.7 million in one-time federal stimulus money but still projects a deficit in fiscal year 2027.

A Citizen’s Research Council of Michigan (CRCM) report says the city’s plan to spend one-time dollars on recurring programs is unsustainable.

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Despite Campaign Promise from Whitmer, Michigan Roads Remain in Disrepair

Governor Gretchen Whitmer’s campaign slogan to “fix the damn roads” gained viral attention for the Michigan Democrat.

However, as she gears up to seek another term, the state is still burdened with infrastructure issues. Residents of the state are required to pay thousands of dollars annually to repair their vehicle due to poor road conditions, according to one study from the nonprofit organization, TRIP.

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Biden-Buttigieg DOT to Tap Infrastructure Spending to Promote Speed Cameras Nationwide

Joe Biden and Pete Buttigieg

The U.S. Department of Transportation’s “National Roadway Safety Strategy” includes promoting the use of speed cameras in cities and towns as a “proven safety countermeasure.”

DOT received $6 billion to issue grants to “help cities and towns” with road safety, which was part of the $1.2 trillion infrastructure bill that Congress passed.

“That law creates a new Safe Streets and Roads for All program, providing $6 billion to help cities and towns deliver new, comprehensive safety strategies, as well as accelerate existing, successful safety initiatives,” said Transportation Secretary Pete Buttigieg during a speech on Thursday about the launch of DOT’s National Roadway Safety Strategy.

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Commentary: Pramila Jayapal, the Loser of the Year

For three months, as the chair of the Congressional Progressive Caucus, Rep. Pramila Jayapal was firm in her threat: “We will agree to the bipartisan [infrastructure] bill if, and only if, we also pass the reconciliation bill first.” She was the driving force and the public face behind progressives’ mission to use the infrastructure bill as a cudgel to force Sen. Joe Manchin, Sen. Kyrsten Sinema, and other centrist Democrats into passing Build Back Better. She repeatedly appeared on “The Rachel Maddow Show” to give attention to her strongarm tactics.

Time and time again in August, September, and October, Speaker of the House Nancy Pelosi was forced to back down from votes on infrastructure because of Jayapal. When a reporter told Jayapal that some people believed she was “bluffing,” Jayapal, who has nearly 100 members in her caucus, said, “Try us.”

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Manchin Says He Won’t Vote for Mass Spending, Climate Bill, Dealing Blow to Biden

Senator Joe Manchin speaking

Sen. Joe Manchin, D-W.V., declared Sunday he won’t vote for President Joe Biden’s Build Back Better Act, saying he feared the bill’s mass spending and climate provisions may worsen inflation.

“This is a no,” Manchin told Fox News Sunday, “I have tried everything I know to do.”

The West Virginia Democrat’s decision all but dooms Biden’s signature legislation in an evenly divided Senate.

Manchin said he was concerned about the continuing effects of the pandemic, inflation, and geopolitical unrest. His decision came after an intense lobbying campaign by the president and fellow Democrats failed to change his mind.

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Gov. Whitmer Directive Prepares Michigan to Fix Infrastructure with Federal Dollars

Gov. Gretchen Whitmer signed an executive directive Tuesday, which will direct federal funds from the recently signed infrastructure package to fix the state’s roads and bridges.

“Right now, we have an [sic] historic opportunity to put Michiganders first and use the billions in funding we are expected to receive under the Infrastructure Investment and Jobs Act to ensure every community has safe, smooth roads and bridges,” Whitmer said in a statement. “With this executive directive, we are getting ready to build up local roads and bridges across Michigan, create thousands of good-paying jobs for Michiganders, and ensure small businesses, downtowns, and neighborhoods have high-quality, reliable infrastructure to rely on as we usher in a new era of prosperity for our state. I look forward to working with the legislature to invest these dollars and get the job done.”

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Commentary: Democrat Spending Bill Taxes the Rich and the Poor

“No one got everything they wanted, including me, but that’s what compromise is. That’s consensus. And that’s what I ran on.”

That was President Joe Biden on Oct. 28 unveiling his latest $1.75 trillion spending bill—watered down from $3.5 trillion after Sen. Joe Manchin (D-W.Va.) refused to budge on the topline number—that Congress is expected to vote on this week.

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Biden’s Approval Hits New Low in FiveThirtyEight Tracker

Joe Biden

President Joe Biden’s approval rating hit a new low of just over 43% in FiveThirtyEight’s polling tracker as he confronts multiple economic and legislative headwinds.

Biden’s approval stood at 43.5%, and has steadily declined since July. His disapproval stood at 50.6%, the highest of his presidency.

Biden’s slide has coincided with another spike in coronavirus cases, a messy Afghanistan withdrawal and economic challenges ranging from supply chain issues to inflation. He has also pinned much of his domestic agenda on the bipartisan infrastructure bill and his sweeping budget, but left-wing and moderate Democrats have yet to agree on a compromise that would give both the votes needed to pass the House, where they hold just a three-vote margin, and the 50-50 Senate.

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Twitter CEO Jack Dorsey Stokes ‘Hyperinflation’ Fears

Twitter CEO Jack Dorsey

 Twitter CEO Jack Dorsey stirred up more fears around inflation with his comments over the weekend saying that hyperinflation is “happening.”

“Hyperinflation is going to change everything,” the tech leader posted on Twitter. “It’s happening.”

The post sparked a flurry of responses. Replying to comments on his post, Dorsey added, “It will happen in the US soon, and so the world.”

Hyperinflation is defined by Investopedia as “rapid, excessive, and out-of-control general price increases in an economy.”

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Democrats Cut ‘Human Infrastructure’ Spending Plan, But Compromise Still out of Reach So Far

Senator Joe Manchin speaking

Tense negotiations have continued for months on Democrats’ proposed several trillion dollars in federal spending, leading to major changes for the plan. Notably, Democrats now say the $3.5 trillion “human infrastructure”plan will likely end up closer to $2 trillion, though that figure still remains too high for many lawmakers. 

At the same time, President Joe Biden has still been unable to rally Congress around a method to actually pay for the proposal, which Biden claims will add nothing to the national debt.

Democrats’ separate, roughly $1 trillion infrastructure bill appeared set to pass in recent weeks, but some progressive Democrats withheld their support fearing that giving up their votes would cost them leverage in making sure the larger reconciliation bill is passed and signed into law.

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Flooding Could Wipe Out 25 Percent of Critical Infrastructure: Report

About 25% of critical infrastructure in the U.S., or 36,000 facilities, is at serious risk of being rendered inoperable as a result of flooding over the next three decades, according to an industry report released Monday.

American infrastructure such as police stations, airports, hospitals, wastewater treatment facilities, churches and schools were all considered in the analysis, according to First Street Foundation, the group that published the first-of-its-kind report. The U.S. is “ill-prepared” for a scenario where major flooding events become more commonplace, the report concluded.

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Bill Aims to Provide for Long-Term Maintenance for Michigan Roads

Two lawmakers introduced a bill that aims to provide long-term maintenance for roads.

Republican Reps. Steve Carra of Three Rivers and Gary Eisen of St. Clair Twp. introduced House Bill (HB) 5369, aiming to require long-term contracts for road construction and maintenance.

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Joe Biden Visits Michigan to Rally Support for Floundering Multi-Trillion ‘Infrastructure’ Plan

President Joe Biden (D) visited a union training center in Howell, Michigan on Tuesday to rally support for his “infrastructure” plan alongside Gov. Gretchen Whitmer (D).

Whitmer posted on Twitter her support for Biden’s multi-trillion spending behemoth shortly before the President’s visit:

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‘We Will Use the Full Range of Tools’: Trade Representative Says U.S. Will Enforce Phase One Trade Deal with China

President Donald J. Trump, joined by Chinese Vice Premier Liu He, sign the U.S. China Phase One Trade Agreement Wednesday, Jan. 15, 2020, in the East Room of the White House. (Official White House Photo by Shealah Craighead)

U.S. Trade Representative Katherine Tai said the Biden administration would enforce the Phase One trade agreement negotiated by the Trump administration with China while giving a speech at the Center for Strategic and International Studies on Monday.

“For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and others around the world,” Tai said in prepared remarks. “China made commitments that benefit certain American industries, including agriculture, that we must enforce.”

China has fallen short on the purchase totals it agreed to as part of the agreement, increasing its purchases by only 69% as of July 2021, according to the non-partisan Peterson Institute for International Economics (PIIE).

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Commentary: President Biden and His ‘Build Back Better’ … Nonsense

The winding road to American utopia is dotted with potholes, buckling bridges, leaking canals, and lit by flickering lights. To repave America’s highways, shore up her bridges, repair her waterways, and reinforce her power grid, the Democrats’ left-wing insists Congress must first pass a $3.5 trillion bill to fund the federal government and remake large swaths of society along the way. 

So the $1 trillion bipartisan infrastructure bill, first scheduled for a vote in the House of Representatives on Monday, then punted to Thursday, might not get a vote before the weekend as House Speaker Nancy Pelosi (D-Calif.) redoubles her efforts to wrangle her fractious caucus into supporting the whole stinking mess.

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After Meeting with House Democrats About Economic Agenda, Biden Declares ‘We’re Gonna Get This Done’

President Joe Biden told reporters Friday that he was in no rush to see his bipartisan infrastructure bill and budget pass Congress as Democratic divisions over the two slow their path to becoming law.

“We’re gonna get this done,” Biden said after meeting with the House Democratic caucus on Capitol Hill Friday. “It doesn’t matter when. It doesn’t matter whether it’s six minutes, six days or six weeks. We’re gonna get it done.”

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Manchin Reportedly Calls on Democrats to Push Budget Back to 2022

Joe Manchin

Democratic West Virginia Sen. Joe Manchin reportedly said in private that the “strategic pause” he has pushed for regarding his party’s budget should last through the end of the year.

Manchin’s remarks, first reported by Axios, would mean a sharp departure from Democrats’ long-stated goals, which include passing both the budget and the bipartisan infrastructure bills before the end of September.

His remarks align both with a Wall Street Journal op-ed he wrote earlier this month and recent comments he made calling for a “pause” on the budget as Congress addressed other priorities ranging from a messy Afghanistan withdrawal to multiple natural disasters.

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Public May Not See Net Benefit of Infrastructure Bill That Could Expand Rail in Northeastern Pennsylvania

Much fanfare surrounding infrastructure legislation in Congress focuses on road and bridge improvements, but the bill’s implications for relatively costly rail transit in northeastern Pennsylvania and elsewhere have gotten far less attention.

The current proposal to spend $66 billion on Amtrak would be the largest federal expenditure on passenger rail since the creation of the transit agency.

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Inspector General for Afghan Reconstruction Says 20 Year Effort is Marked by ‘Too Many Failures’

Special IG for Afghanistan ReconstructionFollow Inspector General John F. Sopko Testifies before Congress

The special inspector general for Afghanistan Reconstruction (SIGAR) is calling the two-decade effort to rebuild the country a failure. The August 2021 report details the areas in which the American effort to rebuild the country came up far short of the initial goal.

“The extraordinary costs were meant to serve a purpose – though the definition of that purpose evolved over time,” reads the 140-page report, alluding the United States’ changing goals in the region over the course of its 20-year military presence in Afghanistan.

“After 13 years of oversight, the cumulative list of systemic challenges SIGAR and other oversight bodies have identified is staggering,” reads the report.

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Joe Biden Mistakenly Calls Michigan Gov. Gretchen Whitmer ‘Jennifer’ as She Backs Infrastructure Plan, Mileage-Tax Pilot Program

President Joe Biden mistakenly called Michigan Gov. Gretchen Whitmer (D) “Jennifer” on Wednesday, an apparent reference to a previous Michigan governor, Jennifer Granholm, who is now Biden’s energy secretary.

Of course, the two Great Lake State Democrats aren’t that easy to get confused; Granholm finished her tenure as governor eight years before Whitmer took office.

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Infrastructure Bill Features Per-Mile User Fee Pilot Program

Highway Traffic

The recently passed U.S. Senate infrastructure bill includes controversial provisions such as a vehicle per-mile user fee pilot program as the bill faces uncertainty in the U.S. House.

The $1.2 trillion infrastructure bill, which includes $550 billion of new spending, passed in the Senate on Tuesday by a 69-30 vote. The bill authorizes spending for improvements to roads, bridges, rail, transit and broadband, among other forms of infrastructure. 

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Commentary: Inflation Hits 5.3 Percent in July as $1.2 Trillion Infrastructure Bill Easily Passes with $3.5 Trillion Stimulus Expected in September

The unadjusted consumer price index as measured by the Bureau of Labor Statistics was 5.28 percent for the month of July, slightly lower than June at 5.32 percent, but still measuring the highest inflation on record since July 2008, when it hit nearly 5.5 percent.

The latest numbers come as Congress has easily passed another gargantuan $1.2 trillion infrastructure spending plan that included $550 billion of new spending. Interest rates have already reacted as 10-year treasuries came off a near-term low of 1.17 percent on Aug. 2 to 1.36 percent as of Aug. 12, slightly increasing inflation expectations.

The $1.2 trillion spendathon was just the latest in a long line of spending that has added $5.25 trillion to the national debt since Jan. 2020 in response to the Covid pandemic all the way to the current $28.5 trillion: the $2.2 trillion CARES Act and the $900 billion phase four under former President Donald Trump, and then the $1.9 trillion stimulus under President Joe Biden. It’s been a bipartisan affair.

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Commentary: Only National Conservatism Can Unite the West and Contain China

Person waving flag outside of window

“Europe will be your revenge,” are the purported words of West German Chancellor Conrad Adenauer to French Prime Minister Guy Mollet in 1956. The quip was related to America’s siding with Egypt and the USSR during the Suez Canal Crisis against Great Britain, France and Israel. Regardless of Adenauer’s precise intention, the quote underscores the fact that the North Atlantic Alliance (NATO) has always suffered fissures, even if it held together long enough to win the Cold War and longer still, for NATO and the EU to expand into Central and Eastern Europe.

Whether the Suez Crisis in the 50s, Charles de Gaulle’s unilateral withdrawal of France from NATO’s high command structure in the 60s, Willy Brandt’s overtures to the East via Ostpolitik in the 70s, or Reagan’s placement of strategic intermediate range nuclear warheads in West Germany in the 80s against the wishes of the German left, European-American rivalries and conflicts of interest have always been part and parcel of the Atlantic Alliance. And yet the alliance remains important, because North America and Europe share indissoluble bonds that cut across religious, political and cultural history. Modern democracy — despite its relativization and ‘deconstruction’ by progressive historians — was incubated in the West. For this reason alone the alliance is of value: because Western nations share a common heritage. Commonality breeds loyalty and fosters cohesion, both of which are necessary for the preservation of norms and traditions. Europe and North America have a lot in common with one another, and therefore they share a collective interest in preserving what makes them unique within the vast panoply of human political arrangements.

During Trump’s presidency, left wing media wisdom dictated that Trump had sullied America’s relationship with the EU and NATO by calling the former out as a trade rival and the latter —Germany in particular — as a freeloader on American security guarantees. But as European political columnist Jorge Gallarza pointed out in Newsweek, the prospect of a Biden Presidency — and with it, Biden’s wisdom and appreciation of the true importance of the American relationship with Europe — does not appear to have tipped the geopolitical scales towards Anglo-European rapport. In January, the EU signed a trade deal with China that could have just as easily been postponed until Biden took office to allow for the president’s feedback. Likewise, well after Biden won the election, President Macron of France pontificated — in typical multilateral idealism fashion — about Europe’s future role in world affairs as one of “strategic autonomy.” The writing was on the wall: in a world in which China is on the rise and America appears to be sputtering, Europe will be largely neutral.

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Commentary: The Right Way to Modernize Infrastructure

Everything these days seems to count as infrastructure. Child care is infrastructure. Elder care is infrastructure. Even court-packing is infrastructure. But in a world where everything is infrastructure, nothing is infrastructure, and our existing infrastructure suffers as a result. Take, for example, President Biden’s recently revised American Jobs Plan, a $2 trillion boondoggle that prioritizes pretty much everything except for the roads, bridges, ports, and waterways that constitute actual infrastructure. The plan comes after we already appropriated $605 billion for infrastructure and transportation in the last three COVID-19 relief bills. 

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Critics of Biden’s Proposed Oil-and-Gas Industry Taxes Fueled by Gas Shortages

Gas shortage "out of service" stickers

Gas shortages on the East Coast have helped rally Congressional opposition to the portions of President Joe Biden’s infrastructure plan that would force oil and gas companies to pay more in taxes.

House Republicans sent a letter to House Speaker Nancy Pelosi, D-Calif., and House Majority Leader Steny Hoyer, D-Md., calling on Democrats to oppose Biden’s plan to “eliminate tax preferences for fossil fuels.”

The letter, signed by 55 Republicans, came after a cyber attack of Colonial Pipeline shut down a major pipeline on the East Coast and led to fear-driven gasoline shortages. The attack also raised questions about the nation’s energy infrastructure and vulnerability to attack.

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Senate GOP Counters Biden with $568 Billion Infrastructure Plan

Joe Biden

A group of Republican U.S. senators have unveiled a $568 billion plan that would look to rebuild and expand infrastructure nationwide and counter a more expensive proposal by President Joe Biden.

The GOP plan includes $299 billion for roads and bridges, $61 billion for public transit systems and $65 billion for broadband infrastructure. Also included in the plan is $20 billion for rail, $35 billion for drinking water and wastewater, $13 billion for safety, $17 billion in ports and inland waterways, $44 billion for airports and $14 billion for water storage.

Emphasized in the bill is the expediting of projects through regulatory processes and several measures to minimize new spending. The plan calls for repurposing federal COVID-19 relief funds that have remained unused, along with ensuring the federal debt is not increased.

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Democrats Could Potentially Pass Massive Infrastructure Bill Without a Single GOP Vote

Site Construction

Senate Parliamentarian Elizabeth MacDonough said Monday evening that Democrats can use budget reconciliation for a second time in fiscal year 2021, according to a spokesman for Senate Majority Leader Chuck Schumer.

Democrats’ ability to use the legislative tool means that they could hypothetically pass President Joe Biden’s infrastructure bill with a simple majority vote instead of the 60 votes required to override a filibuster. If reconciliation proceeds, then Democrats would have enough votes to pass Biden’s infrastructure and tax packages with Vice President Kamala Harris’s tie-breaking vote if every Senator in the party votes in favor.

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Great Lakes Governors Call on Biden to Support Critical Water Infrastructure

Four Great Lakes governors on Tuesday urged President Joe Biden to prioritize federal investments in water infrastructure.

In a letter sent to Biden, the governors lauded the American Rescue Plan Act’s $360 billion in direct aid to state and local governments that can be spent on water and sewer infrastructure.

“As your administration continues to develop and pursue its policy agenda, we respectfully encourage you to continue your emphasis on modernizing America’s water infrastructure,” readsthe letter.

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Biden to Meet with Union Leaders About Massive Infrastructure Plan

President Joe Biden will meet with labor leaders at the White House Wednesday to discuss infrastructure investment and clean energy jobs, The Wall Street Journal reported.

Sean McGarvey, president of North America’s Building Trades Unions (NABTU), Richard Trumka, president of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), and other union heads are expected to meet with President Joe Biden and Vice President Kamala Harris, according to The Wall Street Journal. The White House said the meeting will focus on infrastructure and Biden’s coronavirus relief bill currently making its way through Congress.

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Commentary: President Trump’s Overhaul of Stifling Environmental Regulations Clears the Way for Infrastructure Projects Nationwide

President Trump recently finalized an overhaul of one of the most important environmental laws in America. Credited by some as the “Magna Carta” of environmental legislation, the National Environmental Policy Act (NEPA) is one of America’s main legislative weapons in fighting climate change. It mandates an extensive review process, including the drafting of a lengthy Environmental Impact Statement (EIS) and subsequent legal challenges, before the commencement of infrastructure projects. But Trump’s revision of the law through regulatory reinterpretation dramatically weakens the bill’s potency, greatly simplifying the procedure for getting federal approval on many infrastructure projects.

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Commentary: Deficits Are Secondary to What You’re Paying For

US Capitol

“I am not worried about the deficit,” Ronald Reagan famously said. “It is big enough to take care of itself.”

If you pay attention to the libertarian purists, President Reagan earns mixed reviews on his economic policies. After all, in 1983, the federal budget deficit exceeded 6 percent of GDP. But Reagan was untroubled by federal budget deficits for at least two reasons, and in both cases he has been vindicated by history.

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