WASHINGTON—House Democrats’ hopes of passing their $2 trillion social-spending and climate package next week will hinge in part on how much a nonpartisan scorekeeper estimates the bill will cost and how much revenue it raises.

Five centrist House Democrats who want to ensure the bill is fully paid for blocked House Speaker Nancy Pelosi (D., Calif.) from moving forward with a vote on the legislation last week, insisting that the Congressional Budget Office first analyze the bill. The group’s members committed to supporting the bill next week as long as the CBO’s view on spending and revenue was consistent with the Biden administration’s estimates.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

With X under fire, Elon Musk digs in and finds support from conservatives

As advertisers continue to back away from X following concerns around antisemitism…

Lysol Maker’s CEO Departs in Surprise Move

LONDON—Lysol maker Reckitt Benckiser Group PLC said its chief executive is stepping…

Fierceness and Sierra Leone are the early favorites at the 2024 Kentucky Derby

1. Dornoch (20-1) 2. Sierra Leone (3-1) 3. Mystik Dan (20-1) Jockey: Brian Hernandez Jr.…

LIVE: 123+ best Prime Day deals to shop before they’re over

There are only a few hours left to shop Amazon’s fall Prime…