Democrats are getting together the Good Package.
It looks like final negotiations on the reconciliation-powered massive Biden bill are now underway.
Senate Democratic leaders announced an agreement Tuesday evening to advance a $3.5 trillion spending plan to finance a major expansion of the economic safety net.
Senate Majority Leader Chuck Schumer, D-N.Y., said the $3.5 trillion would be in addition to the $579 billion in new spending in the bipartisan infrastructure agreement.
He said the deal would include a "robust expansion of Medicare" that would include new benefits like dental, vision and hearing coverage, along with major funding for clean energy. "If we pass this, this is the most profound change to help American families in generations," he said.
"Joe Biden is coming to our lunch tomorrow to lead us on to getting this wonderful plan that affects American families in a so profound way, more than anything that's happened to generations," Schumer told reporters. "We are very proud of this plan. We know we have a long road to go. We're going to get this done for the sake of making average Americans' lives a whole lot better."
Sen. Mark Warner, D-Va., a member of the Budget and Finance committees, said the plan would be "fully paid for."
The agreement would prohibit tax increases on small businesses and people making under $400,000, a Democratic aide familiar with the deal said.
The announcement points to a challenge for Democrats, who will have to agree on a massive bill that is financed with new tax revenue to pass it through razor-thin congressional majorities, with no realistic hope of winning Republican support.
Democrats have no margin for error in the 50-50 Senate, and they can lose just four votes in the House before the legislation would be in danger of failing.
"This is, in our view, a pivotal moment in American history," Sen. Bernie Sanders, I-Vt., the Budget Committee chairman, told reporters.
"What this legislation says among many, many other things is that those days are gone. The wealthy and large corporations are going to start paying their fair share of taxes, so that we can protect the working families in this country," he said.
The agreement, a significant decrease from Sanders' $6 trillion proposal, is an attempt to achieve consensus in an ideologically diverse Democratic Party with a host of competing interests. The legislation has yet to be written.
Senate Democratic leaders hope to advance both the bipartisan infrastructure bill and the party-line budget reconciliation bill this month, before Congress leaves for the August recess.
A lot of things can still go wrong here, and even if the bill passes and signed into law, I expect Republicans to tie up in court for years, and for the legislation to be all but dismantled by the Roberts Court. But that's a battle for 2025 or so.
We still have to get through 2021. And Mitch McConnell could still derail everything by pushing for a bipartisan deal that stalls the $3.5 Good Package, and one that he ultimately kills in the end.
Something strange is happening in Washington: Mitch McConnell might go along with a central piece of Joe Biden’s agenda.
The self-appointed “Grim Reaper” of the Senate, a minority leader who said just two months ago that “100% of my focus is on standing up to this administration,” has been remarkably circumspect about the Senate’s bipartisan infrastructure deal. He’s privately telling his members to separate that effort from Democrats’ party-line $3.5 trillion spending plan and publicly observed there’s a “decent” chance for its success.
Other than questioning its financing, McConnell has aired little criticism of the bipartisan agreement to fund roads, bridges and other physical infrastructure, even as he panned Democrats’ separate spending plans on Wednesday as “wildly out of proportion” given the nation's inflation rate.
His cautious approach to a top Biden priority reflects the divide among Senate Republicans over whether to collaborate with Democrats on part of the president’s spending plans while fighting tooth and nail on the rest. Many Democrats predict McConnell will kill the agreement after stringing talks out for weeks, but the current infrastructure talks are particularly sensitive for the GOP leader because one of his close allies, Ohio Sen. Rob Portman, is the senior Republican negotiator.
McConnell is aware of the conventional wisdom that he will ultimately knife the deal and is taking pains not to become the face of its opposition.
“He usually is the brunt of the demonization of the other side,” said Sen. John Cornyn (R-Texas), another McConnell confidant. “I don’t think he is Dr. No when it comes to all legislation.”
For the moment at least, McConnell’s approach marks a shift from his past strategy of blocking Democratic priorities to portray the governing party as chaotic and inefficient. Advisers say he understands the bipartisan appeal of infrastructure and views it as less ideological than other Democratic priorities.
No guarantees on anything. But McConnell really wants the bipartisan deal now because he realizes that "President Biden and the Democrats passed legislation to fix roads, bridges, and water pipes and Senator/Representative X voted against it, and now they want credit for it" is wildly effective.
Democrats should move on without him, or the GOP.
Give us the Good Package.
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