No legislative text yet for a reconciliation bill
President Biden is expected to tell Congressional Democrats Thursday morning that they have reached an agreement on a framework for their reconciliation bill.
Biden will head to the Capitol for a House Democrats caucus meeting at 9 a.m.
The declaration will aim to enable progressives, who are blocking the bipartisan infrastructure bill, to stop their blockade and let the bill pass before Biden heads to a climate summit in Scotland.
But several progressives, including Congress Progressive Caucus Chair Rep. Pramila Jayapal, D-Wash., have said that a framework will not be enough to secure their votes for infrastructure. It’s unclear whether House Speaker Nancy Pelosi, D-Calif., will be able to put enough progress on board to pass the bill.
The bill is expected to cost between $1.75 trillion and $1.9 trillion, although there is no Congressional Budget Office score or legislative text. It is also not clear how the bill will be paid.