The news that a new interpretation of Senate rules would allow Democrats to pass a second reconciliation bill this fiscal year has the potential to be a gamechanger, but we expect moderate Senate Democrats to shoot down any attempt to effectively circumvent the filibuster. Similarly, their lukewarm response to President Joe Biden’s infrastructure proposal suggests that the package will be pared back and take months to pass.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services