Biden’s $1.75 trillion domestic investment bill closer to law
Al JazeeraDemocrats clear way for vote on measures including free preschool for all 3 and 4-year-olds. Democrats in the United States House of Representatives on Thursday advanced President Joe Biden’s $1.75 trillion domestic investment bill — despite a non-partisan arbiter’s finding that it would add to the deficit. Earlier, the Congressional Budget Office said the legislation would increase federal budget deficits by $367bn over 10 years, although it acknowledged that additional revenues could be generated through improved Internal Revenue Service tax collections. “Now it’s time to pass it.” House Speaker Nancy Pelosi said a vote on passage would occur later on Thursday. Republicans have vowed to withhold their support, leaving Democrats to employ a special “budget reconciliation” procedure that would allow them to ram the legislation through the Senate with a simple majority vote, instead of at least 60 votes in the 100-member chamber normally needed to advance measures.