Well, so, the Senate has agreed to consider
the bill
that it refused to consider last week because it didn't exist yet, although it
still, in point of fact, doesn't exist:
The 67-to-32 vote, which included the support of 17 Republicans, came just
hours after senators in both parties and the White House reached a long-sought
compromise on the bill, which would provide about $550 billion in new federal
money for roads, bridges, rail lines, transit projects, water systems and
other physical infrastructure programs.
While a final Senate vote on the legislation is days away, the test vote on
Wednesday marked a major victory for Mr. Biden, who has pressed for the plan
for months, and a validation of his faith that a bipartisan breakthrough was
possible even in a polarized Washington.
Well, it sort of exists, but contrary to some rumors it hasn't been passed,
and it really hasn't been written yet, and it's honestly not very encouraging.
It seems to represent $550 billion in new federal spending in contrast to
Biden's request, in the traditional-infrastructure American Jobs Act, for $2.3
trillion, none of which is actually new spending but instead "repurposed"
spending from the Covid relief bills, unemployment supplements not used by
Republican states that dropped that program, "more robust reporting around
cryptocurrencies", and "economic growth resulting from a 33 percent return on
investment in these long-term infrastructure projects”, or in what looks like
a more accurate report from
Washington Post,
¯\_(ツ)_/¯: