• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
PoliticsU.S. Politics

Nancy Pelosi leads divided Democratic Party to agreement on infrastructure

Nicole Goodkind
By
Nicole Goodkind
Nicole Goodkind
Down Arrow Button Icon
Nicole Goodkind
By
Nicole Goodkind
Nicole Goodkind
Down Arrow Button Icon
August 24, 2021, 6:48 PM ET

House Democrats overcame a difficult impasse Tuesday afternoon to approve a $3.5 trillion budget blueprint, the basis of President Joe Biden’s massive social spending and infrastructure agenda. 

The House voted 220–212, along party lines, to let Democrats work on the budget plan and to require the House to take up the bipartisan $1.2 trillion infrastructure bill, already passed by the Senate, by late September. 

The passage came after nine moderate Democrats in Congress, which would have cost the vote had they defected, publicly protested to drop the $3.5 trillion budget resolution for the time being and to pass the bipartisan infrastructure bill first. 

“The challenge we face right now is that there is a standoff with some of our colleagues who have decided to hold the infrastructure bill hostage for months, or kill it altogether, if they don’t get what they want in the next bill—a largely undefined $3.5 trillion reconciliation package,” the group of representatives wrote in a Washington Post op-ed this Sunday. “While we have concerns about the level of spending and potential revenue raisers, we are open to immediate consideration of that package.”

The group of centrists, led by Rep. Josh Gottheimer (D-N.J.), negotiated with Speaker Nancy Pelosi all through Monday and into Tuesday before coming to an agreement. 

“I am committing to pass the bipartisan infrastructure bill by Sept. 27. I do so with a commitment to rally House Democratic support for its passage,” Pelosi wrote in a statement outlining the deal. “We must keep the 51-vote privilege by passing the budget and work with House and Senate Democrats to reach agreement in order for the House to vote on a Build Back Better Act that will pass the Senate.” The statement went on to thank Gottheimer and his group for their “enthusiastic support,” of the bill. 

The group also issued a statement saying that setting a deadline of Sept. 27 to pass the bipartisan infrastructure bill was a “big win for America.” 

While progressive Democrats largely remained quiet on the topic, some offered criticism of what they perceived to be a win for the centrist faction of the party. Instead of passing the budget as is, congressional Democrats will now work in parallel with the Senate and will commit to voting on the bipartisan infrastructure bill next month even if that means separating it from the budget blueprint.

“You know the whole thing was a fiasco, to be honest,” said Rep. Ilhan Omar (D-Minn.), who had hoped to pass both bills in unison and without working in parallel with Senate. “I really don’t know why they try to get into something without having an actual goal that they wanted to accomplish. It seems like amateur hour,” she added, insinuating that centrist Democrats were merely exerting power for power’s sake.

President Biden delivered a speech Tuesday afternoon praising Congress for coming to a deal. “I want to thank Speaker Pelosi, who was masterful in her leadership with this,” he said. “I also want to thank every Democrat in the House who worked so hard to come to an agreement,” he said, adding that differences in points of view are always welcome. 

Congress will now depart for August recess and reconvene in September.

More politics coverage from Fortune:

  • The true cost of the 20-year war in Afghanistan, in 5 charts
  • What a Taliban-controlled Afghanistan means for the rest of the world
  • Is “Big Day Care” the solution to America’s childcare woes—or is it risky to mix profits and toddlers?
  • Commentary: The infrastructure bill shows why Congress must stop enabling bad behavior by cities and states
  • The politics behind President Biden’s plan to lower prescription drug prices

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Author
Nicole Goodkind
By Nicole Goodkind
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

f
PoliticsCongress
‘You kind of ruined it with your trans obsession’: House points fingers as Smithsonian Women’s museum funding fails
By Lisa Mascaro and The Associated PressMay 22, 2026
3 hours ago
kirk
North AmericaSocial Media
Fired bird conservationist settles with state of Florida over Charlie Kirk dispute for $485,000
By Hannah Schoenbaum and The Associated PressMay 22, 2026
3 hours ago
pizza
PoliticsRestaurants
‘Earth-shaking event for New York pizza’ looms as flour ban hits 80% of crusts citywide
By Jake Offenhartz and The Associated PressMay 22, 2026
4 hours ago
cox
CommentarySuccession
McKinsey studied 200 family business successions. The biggest problem wasn’t the heir — it was the outgoing CEO
By Acha Leke and Chaitali MukherjeeMay 22, 2026
7 hours ago
zohran
PoliticsWorld Cup
Mamdani’s campaign for cheap World Cup tickets delivers 1,000 for city of 8 million
By The Associated PressMay 21, 2026
23 hours ago
duggan
PoliticsElections
‘In 60 days there’s been a huge change in the attitudes of this country’: Former Detroit mayor says bipartisan approach in governor race is doomed
By Corey Williams and The Associated PressMay 21, 2026
23 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
1 day ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
3 days ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
2 days ago
Current price of oil as of May 21, 2026
Personal Finance
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
1 day ago
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
AI
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.