Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Top Stories
    3. >U.S. House Democrats in talks ahead of possible vote on Biden spending plan
    Top Stories

    U.S. House Democrats in Talks Ahead of Possible Vote on Biden Spending Plan

    Published by maria gbaf

    Posted on August 24, 2021

    3 min read

    Last updated: February 15, 2026

    Add as preferred source on Google
    Image illustrating U.S. House Democrats in discussions regarding President Biden's $3.5 trillion spending plan, highlighting potential unity challenges and infrastructure bill priorities.
    U.S. House Democrats discuss Biden's spending plan and infrastructure bill - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidentinfrastructure financingfinancial communityeconomic growth

    House Democrats Negotiate Ahead of Vote on Biden's Spending Plan

    By Susan Cornwell and David Morgan

    WASHINGTON (Reuters) – Democrats faced a test of unity in the U.S. House of Representatives on Monday as they prepared for a possible vote on President Joe Biden’s sweeping plan to expand spending on social programs, even though it was not clear if there was enough support to pass it.

    The measure, on which talks continue, sets the broad outlines for $3.5 trillion in spending on education, childcare, healthcare and climate measures favoured by Biden and pays for them with tax hikes on the wealthy and corporations.

    But moderate Democrats have threatened to vote against the plan, saying the House should first pass a $1 trillion infrastructure bill that has already won approval from Democrats and Republicans in the Senate. Both measures are priorities for Biden.

    That could potentially scuttle the spending plan in the House, where Democrats hold a 220-212 majority. No Republicans are expected to support it.

    The House went into recess on Monday evening, leaving up in the air how soon the vote would take place.

    Representative Josh Gottheimer, the leader of the group of Democratic moderates who want a quick vote on the Senate-passed bipartisan infrastructure bill, was meeting with House leaders behind closed doors.

    As the talks continued, House Speaker Nancy Pelosi told reporters: “We’re legislating. So we’ll let you know when we’re finished legislating.“

    Asked if leaders had the votes to pass their plan, she said: “When we bring the bill to the floor, we will.”

    Pelosi has sided with liberals who worry they might lose leverage on the social-spending effort if they first pass the infrastructure bill.

    “We cannot squander this majority and this Democratic White House by not passing what we need to do,” Pelosi told Democrats in a meeting before the vote.

    Monday’s planned vote would pass the budget plan and clear the way for the House to vote on the infrastructure bill, as well as a separate voting-rights measure. The House could pass the voting-rights bill as soon as Tuesday, but it is not clear when the infrastructure bill would come up for a vote.

    The House vote would allow Democrats to pass the social-spending measures on a simple majority vote in the Senate, rather than the 60 votes required for most legislation in that chamber.

    The Senate is split 50-50 between Republicans and Democrats. Democratic Vice President Kamala Harris would cast the tie-breaking vote.

    (Reporting by Susan Cornwell and David Morgan; Editing by Andy Sullivan and Peter Cooney)

    Frequently Asked Questions about U.S. House Democrats in talks ahead of possible vote on Biden spending plan

    1What is the total amount of spending proposed in Biden's plan?

    The proposed spending plan outlines $3.5 trillion for education, childcare, healthcare, and climate measures.

    2What do moderate Democrats want before voting on the spending plan?

    Moderate Democrats are advocating for a quick vote on the $1 trillion infrastructure bill before proceeding with the spending plan.

    3How would the House vote affect the Senate's legislative process?

    The House vote would allow Democrats to pass social-spending measures with a simple majority in the Senate, bypassing the usual requirement of 60 votes.

    4What is House Speaker Nancy Pelosi's stance on the spending plan?

    Pelosi has expressed the need to pass the spending plan without first passing the infrastructure bill, emphasizing the importance of leveraging their majority.

    5What is the current composition of the Senate regarding party affiliation?

    The Senate is currently split 50-50 between Republicans and Democrats, with Vice President Kamala Harris holding the tie-breaking vote.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – Close the Deal and Suddenly Grow Rich
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a Regulatory Obligation Into a Commercial Advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: Pca Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan Is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Electiva Marks a Landmark First Year With Major Senior Appointments and Expansion Milestones
    View All Top Stories Posts
    Previous Top Stories PostBritish Govt to Discuss Criminalising Entering Afghanistan – the Telegraph
    Next Top Stories PostAustralia Pandemic Panel Backs Reopening Plans Amid Delta Surge