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    Home»Foreign»America»$3.5trn budget Divides US Senate’s Democrats
    America

    $3.5trn budget Divides US Senate’s Democrats

    straightnewsng.comBy straightnewsng.comAugust 12, 2021 --- 10:01 pmNo Comments3 Mins Read
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    US Senate in session
    US Senate in session
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    Fissures emerged between the moderate and liberal wings of the Democratic Party over the size and scope of a $3.5 trillion budget blueprint approved by US Senate on Wednesday.

    Without this crack, the smooth passage of the budget paln at a go would have been a major victory of President Joe Biden who is also a Democrat.

    Senator Joe Manchin, a moderate Democrat representing the conservative-leaning state of West Virginia, issued a warning shortly after the Senate early on Wednesday passed the budget deal that would carry out President Joe Biden’s top priorities.

    Manchin, who often acts as a bridge between his party and Republicans, voiced concerns about potentially “grave consequences” for the nation’s debt as well as Washington’s ability to respond to other potential crises.

    That followed Democratic Senator Kyrsten Sinema’s warning that she does not support the $3.5 trillion price tag but would work “in good faith” to develop an alternative to include in implementing legislation.

    The plan addresses key Democratic priorities, including climate change and immigration reform, and would create social programs such as universal preschool education and subsidized home healthcare for senior citizens.

    Progressive members of the House of Representatives have warned they will not back the bill unless it has enough funding for those goals.

    Democrats hold extremely narrow margins in both chambers of Congress, with just one Democratic “no” vote in the Senate or a handful of them in the House enough to doom the bills.

    The Senate approved the $3.5 trillion budget plan in a 50-49 vote along party lines, about 14-1/2 hours after passing a $1 trillion infrastructure bill in a bipartisan 69-30 vote, proposing to make the nation’s biggest investment in decades in roads, bridges, airports and waterways.

    Democrats plan to pass the larger package within the next few months, using the “budget reconciliation process,” which allows them to pass legislation with a simple majority vote.

    Democratic Senate Majority Leader Chuck Schumer said he believed his party would stick together on the package.

    “Look, there are some in my caucus who might believe it’s too much; there are some of my caucus who believe it’s too little,” Schumer said when asked about the concerns by Manchin and Sinema about the $3.5 trillion price tag.

    “And I can tell you this: In reconciliation, one, we are going to all come together to get something done. And two, it will have every part of the Biden plan in a big, bold, robust way,” Schumer said.

    House Majority Leader Steny Hoyer, a Democrat, said the House would suspend a summer break on Aug. 23 to consider the budget resolution.

    Manchin and Sinema voted for both measures.

    But this fall, when negotiations go into full swing on the implementing legislation, the two legislators likely will roil the waters if they and moderate House Democrats try to shrink spending.

    Democratic Party Democratic Senate Majority Leader Chuck Schumer Democratic Senator Kyrsten Sinema House Majority Leader Steny Hoyer House of Representatives President Joe Biden Republicans Senator Joe Manchin-moderate Democrat US Senate Washington West Virginia
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    How Eligible 3C clients can participate in Qualifying Projects

    By straightnewsng.comNovember 11, 2026 --- 9:38 pm0

    CAPIS 3C Education Series — Episode 3Project Participation: What Does It Actually Mean? You’ve probably heard us mention Project Participation before, but what does it actually mean? Here’s a simple explanation. Say CAPIS Limited is developing a commercial project — it could be an automated car-washing system, a Dutch agro-farming project, a solar energy project, a shopping mall, or even a large-scale inter-city transportation system. These aren’t just ideas; they’re commercial projects that need capital, planning, execution, and participation. This is where it gets interesting. Rather than just watching these projects unfold, eligible 3C…

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