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Free AccessMcConnell-Bipart'sn Infra Bill Only Possible If Delinked From Reconciliation
Senate minority leader Mitch McConnell (R-KY), speaking in Louisville, Kentucky says that the only way to get a bipartisan infrastructure bill through the Senate would be to 'delink' it from the larger Democrat-only infra plan that Congressional Democrats are seeking to pass via a reconciliation process. Says that "I appreciate the President saying he's willing to deal with [infrastructure] separately, but he doesn't determine that."
- Garrett Hake at Politico tweets "McConnell, having been majority leader, knows that the Democratic leaders won't do this [delink the infra plan from reconciliation]. They need to keep both flanks of their caucus supporting both bills, and the surest way to do that is offer those who are wishy-washy on one bill the carrot of the other."
- Says that he has not decided yet whether he supports the bipartisan deal but adds "I'd like to see us get there."
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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.