Business groups aim to divide Democrats on $3.5T spending bill
Business lobbyists are increasingly optimistic that they can water down tax hikes and other measures in Democrats’ $3.5 trillion spending plan opposed by corporate America.
Their confidence was boosted last week by an agreement struck between Speaker Nancy PelosiNancy PelosiWhile Democrats change the rules, Republicans change the subject Crypto debate set to return in force Republicans hit Biden over Afghanistan, with eye on midterms MORE (D-Calif.) and 10 centrist House Democrats that ensures a Sept. 27 vote on the bipartisan $1 trillion infrastructure bill passed by the Senate earlier this month.
By agreeing to a standalone vote, Pelosi softened her stance that both bills must be passed together, a priority for progressives in her caucus. Business groups see that as a huge win, believing that progressives will lose some leverage over components of the reconciliation package if the House passes the $1 trillion infrastructure bill…
