President Biden endorsed a bipartisan infrastructure deal that outlines a plan to provide about $579 billion in new investments in roads, broadband internet, electric utilities and other projects.
Biden said it was important to note that not everyone got what they wanted, but the President was clearly pleased with what he considered a breakthrough to forge a compromise.
But it would leave large swaths of the president’s economic proposals — including much of his proposed spending to combat climate change, along with investments in child care, education and other social programs — for a potential future bill that Democrats would try to pass without any Republican votes using a procedural mechanism known as reconciliation.
Democrats have agreed to the compromise as long as the moderates will agree to a much larger reconciliation package. Speaker Pelosi reiterated the same message on Thursday.