Infrastructure, Spending Negotiations At Standstill

Infrastructure, Spending Negotiations At Standstill

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Social Studies

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Hard

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The transcript discusses the challenges faced by the Democrat-led Senate in passing government funding and advancing President Biden's spending agenda. Key issues include the $1 trillion infrastructure bill, the $3.5 trillion reconciliation bill, and the risk of a government shutdown. Internal divisions among Democrats, particularly regarding the reconciliation bill, are highlighted. Economic risks, such as a potential recession, are discussed in the context of the debt limit. Republican opposition to raising the debt limit and historical cooperation between parties are also covered.

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