The US Senate could pass the INVEST Act this week and send it to the House for consideration.
On Sunday, the US Senate voted 68-29 to end debate on HR 3684, the INVEST Act, also known as Biden’s infrastructure bill, establishing a $ 1.2 trillion spending package to be will pass this week. The bill provides for $ 550 billion in new spending.
Once the final vote is taken in the Senate, it will be sent to the United States House for consideration, where the Democratic majority is expected to pass.
Senate Majority Leader Chuck Schumer said the next step will be for lawmakers to consider what has become a $ 3.5 trillion budget resolution package.
“It has been a long day, but we have succeeded, as I intended, and the motion to close the final bill has passed by a very attractive and overwhelming vote and now we will continue to move forward,” said Schumer. “We will move forward to conclude this as quickly as possible and then we will move to the budget resolution.”
The Congressional Budget Office estimates that the infrastructure bill will add $ 256 billion to the nation’s deficit. Supporters argue that the bill will pay itself and is badly needed.
In a rare scene, Mississippi Senators Roger Wicker and Cindy Hyde-Smith, both Republicans, split their votes on the infrastructure spending bill, with Wicker voting to end the debate on the package and Hyde-Smith voting against.
Wicker went to the Senate room to discuss his support for the Senate’s bipartisan infrastructure package. He said the bill was “far from perfect” but ultimately includes many provisions that will benefit the state of Mississippi.
“At the end of the day, I believe this package will do a great service to the United States and to my state of Mississippi. Republicans and Democrats agree that highways, bridges, broadband, ports, and rail are the building blocks of a healthy economy. This bill makes historic down payments on those basic priorities, ”Wicker said.
In his comments, Wicker pointed to the billions of dollars in investments that are expected to be made in Mississippi if the infrastructure package is signed into law. The package includes: $ 3.3 billion for Mississippi highways and highways, $ 225 million for bridge replacement and repair, a minimum of $ 100 million for broadband infrastructure, $ 283 million for revolving water funds, and thousands of million for projects and ports of the Army Corps of Engineers. and rail improvements across the country.
The legislation also includes several proposals that Wicker advocated directly, including provisions that authorize and expand the Minority Business Development Agency and expand the eligible uses for inland flood mitigation funds provided in the infrastructure package.