March 29, 2023

Dubai Week

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The US House of Representatives today voted on Biden's two major investment plans

The US House of Representatives today voted on Biden’s two major investment plans

The U.S. House of Representatives is set to vote Friday on two major investment plans put forward by President Joe Biden to “rebuild” the United States.

Hoyer’s office said in a statement that the House of Representatives would meet at 8:00 a.m. Friday (12:00 GMT) to vote on two bills that the Democratic president wants to print his era.

A White House spokesman described the two projects as “historic” and “transformative.”


And then They suffered a heavy defeat in the local election in Virginia, Democrats in Washington seek to unite behind President Biden.

“We recognize these two plans,” Democratic Speaker Nancy Pelosi said Thursday. In fact, time flies and the pressure on Democrats increases with it.

Nancy Pelosi, Speaker of the US Congress

Nancy Pelosi, Speaker of the US Congress

The wars of influence between Biden’s party’s left and the most moderate factions snatched the much – needed political victory to breathe new life into the presidency.

Polls suggest that both of these investment plans are popular among Americans. In a study conducted by Moody’s on Thursday, the two projects estimated the number of jobs that could generate about 1.5 million jobs in ten years.

The first plan to restore the country’s dilapidated roads, bridges and traffic, worth $ 1.2 trillion, equivalent to Spain’s GDP, is backed by Democrats and some Republicans.

A second socio-climate plan, called the “Building Back Better”, aims to invest $ 550 billion to reduce childcare costs and significantly reduce greenhouse gas emissions by 2030.

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