Congress gets back to work Monday facing several major decisions that will test Democratic unity in the coming weeks as lawmakers vote on President Joe Biden’s domestic agenda, routine funding for the federal government and the size of the federal debt.
on the Energy and Commerce Committee in blocking a provision calling for Medicare to negotiate the price of prescription drugs. But the Ways and Means Committee approved the provision, so it could be included in the final package.
The strategy for approving the legislation with a simple majority of Senate Democrats, which is called reconciliation, requires provisions to impact spending in a significant way. House Energy and Commerce Chairman Frank Pallone, D-N.J., and Washington Rep. Cathy McMorris Rodgers, the ranking Republican, work on the cornerstone of President Joe Biden's domestic agenda at the Capitol in Washington on Sept. 15.Against the backdrop of Biden's priorities, the federal government is set to run out of money for its routine operations Oct. 1.
A wild card in negotiations over the continuing resolution is whether to add spending to regular government operations. Biden proposed $24 billion for relief from disasters such as hurricanes and wildfires and $6.4 billion to help resettle Afghan refugees. Yellen warned that delaying a decision could lead to irreparable damage to the U.S. economy and global financial markets, if they lose confidence in the country’s ability to pay its bills.
Pelosi called that strategy “totally irresponsible.” She noted that Democrats joined Republicans in raising the debt limit three times during the Trump administration, when the debt increased $7 trillion.
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