What is "infrastructure"? There was a time that Americans agreed it meant roads, bridges, levies, ports, waterways, and maybe essential technologies like broadband Internet.
 
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Breitbart Business Digest
June 25, 2021
 

Today's Top Stories From the Breitbart News Desk

What is "infrastructure"? There was a time that Americans agreed it meant roads, bridges, levies, ports, waterways, and maybe essential technologies like broadband Internet. Today, it is, if the Democrats have their way, the essentials of the institutional left's agenda. Do the Republicans understand that? Apparently, some of them do not.

Joe Biden announced a $953 billion dollar infrastructure deal on Thursday. Details of the plan are still unclear, as is now the custom for trillion-dollar spending deals these days. The President touted this as a return to when Washington got "stuff done," a Biden-ism for when he gets what he wants. He gave a statement flanked by moderate Republicans and Democrats, including Sens. Susan Collins (R-ME), Bill Cassidy (R-LA), Joe Manchin (D-WV), Lisa Murkowski (R-AK), Rob Portman (R-OH), Mitt Romney (R-UT), Jeanne Shaheen (D-NH), Kyrsten Sinema (D-AZ), Jon Tester (D-MT), and Mark R. Warner (D-VA).

It was not lost on Americans who have been paying attention to the seemingly endless Critical Race Theory/Institutional Racism/Anti-Racism/White Privilege news cycle that there were no people of color (POCs) at the presentation. Naturally, Alexandria Ocacio-Cortez framed the bill as racist. "The diversity of this 'bipartisan coalition' pretty perfectly conveys which communities get centered and which get left behind when leaders prioritize bipartisan dealmaking over inclusive lawmaking (which prioritizes delivering the most impact possible for the most people)," the far-left Congresswoman said, indicating the plan is far from a guarantee to pass the House of Representatives.

Speaker Nancy Pelosi indicated she will have a slate of radical demands that would be necessary when it heads to the House. Additionally, Biden has also indicated that he supports a dramatic expansion of "human infrastructure" (another Biden-ism, this time for socialist programs), which will certainly become a part of the negotiation going forward.

Yes, it appears as though the vast majority of Americans support some sort of "infrastructure deal," but we certainly don't seem to agree on a definition of what the word means.

Elsewhere in the world of finance, jobless claims came in above expectations again and above 400,000 for the second week in a row. Has the recovery stalled out? This is a concern. Why would that happen? Maybe the threat of higher taxes and more regulation is already weighing on the economy. One big possibility: businesses hired a lot of people expecting the reopening to be stronger than it actually is.

Alex Marlow & John Carney
Breitbart News Network

 
 

TOP STORY

 
Joe Biden Announces $953 Billion Infrastructure Deal with Moderate Republicans
President Joe Biden on Thursday announced a bipartisan infrastructure deal with moderate senate Republicans and Democrats after meeting with them briefly at the White House. “We had a really good meeting and to answer your direct question, we have a deal,” Biden announced, standing with the group of senators. Biden met briefly with the group to seal his support for the deal after the White House announced a framework deal for a bipartisan agreement Wednesday evening. [Click here for more]
 

IN OTHER STORIES...

Report: Bipartisan Senate Infrastructure Deal Biden Endorsed Costs $579 Billion, Excludes Tax Hikes
A bipartisan Senate group agreed with President Joe Biden Thursday on a $579 Billion infrastructure deal, which excludes tax hikes and climate provisions – exclusions far-left Senate Democrats demanded. The plan specifies $579 billion in total new spending with $312 billion for transportation, and $266 billion for other... [Click here for more]
 
Joe Biden Vows Not to Sign Infrastructure Deal Without ‘Tandem’ Bill for More Taxes and ‘Human Infrastructure’
President Joe Biden said Thursday he would not sign a bipartisan infrastructure deal with moderate Republican senators without an additional partisan funding package for entitlements. “I control that. If they don’t come, I’m not signing it. Real simple,” Biden said, when reporters asked how he planned to get... [Click here for more]
 
Pelosi Suggests She Will Blow Up Infrastructure Deal if Radical Demands Are Not Met
House Speaker Nancy Pelosi (D-CA) on Thursday suggested she will blow up the bipartisan infrastructure bill if the Senate does not also pass a reconciliation bill. When asked how she is trying to quell the concerns of the progressive members of her caucus, the 81-year-old California Democrat essentially said she is willing to blow up the deal if... [Click here for more]
 
AOC Rips Biden Infrastructure Deal: All-White Bipartisan Negotiators Benefit ‘Structural Racism’
Rep. Alexandria Ocasio-Cortez (D-NY) on Thursday slammed the all-white bipartisan Senate infrastructure group’s lack of diversity after President Joe Biden announced his support for the group’s nearly $1 trillion proposal. Ocasio-Cortez lamented in a tweetstorm... [Click here for more]
 
Poll: 83 Percent Believe Inflation Main Economic Concern for Americans, Topping Taxes, Unemployment
Inflation is the foremost economic concern for Americans, topping taxes, unemployment, and interest rates, a Wednesday poll indicated. “How concerned are you about each of the following? Inflation and higher prices, unemployment across the country, the federal deficit... [Click here for more]
 

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