Free Trial

Maj Ldr Hoyer To Dems: House To Debate BBB Weds, Vote Thurs Or Fri

US

Annie Grayer at CNN tweets: "Scheduling update: House Majority Leader Steny Hoyer told Democrats in a closed door meeting on Tuesday that the plan is to debate Build Back Better (BBB) on Wednesday, and to vote as early as Thursday evening and hopefully no later than Friday, I'm told."

  • The major obstacle for the multi-trillion dollar BBB social spending plan comes in the Senate, where moderate Democrats Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) are not vocally on the record as supporting the plan. All 50 Democrat votes needed to pass via reconcilaition.
  • BBB should pass in Dem majority House. However, Speaker Pelosi only has a majority of three to play with so objections from representatives at either far left or centre-right of the Democratic party could hinder progress.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.