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Day 300

1/ Biden signed the $1 trillion bipartisan infrastructure plan into law – the largest federal investment in infrastructure in more than a decade. In total, the measure contains $550 billion in new funds to improve the nation’s highways, roads, bridges, ports, rail, pipes, and public transit systems, as well as upgrades to the electrical grid and expanded access to broadband internet. Before signing the legislation, Biden said “we’re finally getting this done” in a nod to Trump, who repeatedly tried and failed to secure a bipartisan infrastructure deal. “My message for the American people is this: America’s moving again, and your life’s going to change for the better.” Trump, meanwhile, said the 13 Republicans who voted for the bill “should be ashamed of themselves” for giving Biden and Democrats a victory. In the House, Democratic leaders expect to vote on the roughly $2 trillion climate, safety net, and tax package this week and send it to the Senate, despite uncertainty over the measure’s cost. The timing of Senate vote, however, is complicated by a Dec. 3 deadline to avoid a government shutdown, address the debt limit, and pass the annual defense policy bill. If the social safety net and climate bill passes the House and Senate, the total increased infrastructure spending as a share of the economy will eclipse Roosevelt’s New Deal. (New York Times / Washington Post / Wall Street Journal / Politico / Bloomberg / ABC News / CNN / CNBC)

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