Summary
[The U.S. Senate is preparing to pass a $1 trillion infrastructure bill and discuss a $3.5 trillion budget plan]The U.S. Senate will vote on Tuesday to pass the largest infrastructure investment bill in decades, and then on a bill aimed at 3.5 trillion dollars. The budget framework that laid the foundation for additional trillion-dollar investments was debated. Democratic Senate Majority Leader Schumer later on Monday set the voting time for the bipartisan infrastructure bill at 11 am local time on Tuesday (11 pm on Tuesday, Beijing time). Once the bill is passed, it will be submitted to the Democratic-controlled House of Representatives for consideration sometime this fall. At that time, the Senate may hold a 24-hour meeting to discuss and pass a larger 3.5 trillion dollar budget plan. (Zhitong Finance Network)
The U.S. Senate will vote on Tuesday to pass the largest infrastructure investment bill in decades, and then debate a budget framework designed to lay the foundation for an additional $3.5 trillion in investment. Democratic Senate Majority Leader Schumer later on Monday set the voting time for the bipartisan infrastructure bill at 11 am local time on Tuesday (11 pm on Tuesday, Beijing time). Once the bill is passed, it will be submitted to the Democratic-controlled House of Representatives for consideration sometime this fall. At that time, the Senate may hold a 24-hour meeting to discuss and pass a larger 3.5 trillion dollar budget plan.
(Source: Zhitong Finance Network)
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