The White House on Wednesday rolled out the details of President Biden's major new infrastructure and climate plan, the first part of a two-step proposal. Biden is expected to discuss the roughly $2 trillion American Jobs Plan in a speech later in the day, but what he describes may be a far cry from what Congress eventually tries to pass.
Punchbowl News' Jake Sherman suggests you don't hold your breath until Biden signs anything into law; it may be a while before the House settles on its version, and even longer before the Senate gets to work on it. House Speaker Nancy Pelosi's (D-Calif.) target date for passage in the lower chamber — July 4 — is overly optimistic, Sherman wrote on Twitter, before breaking down the reasons why the process will take months.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Today's political cartoons - April 19, 2025Cartoons Saturday's cartoons - free trade, judicial pushback, and more
-
5 educational cartoons about the Harvard pushbackCartoons Artists take on academic freedom, institutional resistance, and more
-
One-pan black chickpeas with baharat and orange recipeThe Week Recommends This one-pan dish offers bold flavours, low effort and minimum clean up
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
