Where the Infrastructure Bill Stands

Punchbowl News: “Speaker Nancy Pelosi went to the White House yesterday with Senate Majority Leader Chuck Schumer to talk to President Joe Biden. The backdrop here is that the bipartisan infrastructure bill is in deep trouble — there’s no other way to put it.”

“It seems exceedingly unlikely — we’re being generous here — that the House will be able to pass the infrastructure bill today due to widespread discontent on the left over how the reconciliation process is going. We wrote at the time this deal was cut that it was a mistake for moderates to accept it because progressives would end up using it to their advantage. And here we are.”

“Here’s the reality: If Pelosi decides to pause the process here, it’s not fatal in any way shape or form. It’s not great, of course, but it’s not a mortal blow to Biden’s agenda. It just means Democrats will have to return to infrastructure when reconciliation is more fully formed.”

Key takeaway: “It’s tough to pass FDR-sized programs without FDR-sized majorities.”