Senate infrastructure bill slowed in last lap by lone Republican

The senators are meanwhile submitting more than 12 amendments to roll call votes. These include two key provisions regarding the bill's new crypto policies and the use of unspent coronavirus assistance money for infrastructure projects.Senator Chuck Schumer, D-N.Y., stated Saturday evening that he hopes senators can come to an agreement about amendments Sunday when the Senate reconvenes. The infrastructure bill seemed to be on a smooth path to clearing the chamber. This would give a win for Biden and the cross party group of 10 senators that negotiated it.Schumer stated Saturday that the Senate would remain in session until it finishes its work. "It is up to my Republican colleagues how much time it takes."Both parties have yet to make the final changes necessary for the bill to be passed in the chamber. Cornyn and Senator Alex Padilla (D-Calif.), want to relax restrictions on coronavirus relief aid.Cornyn stated that it helped all states, cities and local governments who wanted to be able to spend extra Covid funds on infrastructure.A brawl also broke out over language that required cryptocurrency transactions to be reported directly to the IRS. This led to two amendments. One of those amendments was from Senators. Ron Wyden (D-Ore.), Pat Toomey, (R-Pa.), and Cynthia Lummis(R-Wyo.). The crypto industry has endorsed it, as well as Sens. On Thursday, Rob Portman (R.Ohio), Mark Warner (D.Va.) and Kyrsten Silena (D.Ariz.) received support from the White House.After more than a month-long negotiations, the bipartisan physical infrastructure package contains $550 billion in new funding for roads, bridges and transit. It also includes $550 million for broadband and water infrastructure. Although the framework agreement was announced in June and the final text of the 2,700-page bill was released on Sunday,Schumer repeated his Saturday vows that the Senate would not go on August recess unless it passed the bill. Democrats also have a budget blueprint for a $3.5 billion social spending package.The Republicans will likely oppose the social spending package with a united front, but the physical infrastructure bill has split their conference. Senate Minority Leader Mitch McConnell, R-Ky., voted in favor of the legislation and stated that the bill's investments had been "overdue.""Republicans are radically different from Democrats these days." McConnell stated that both visions require infrastructure that is accessible to all citizens.Many Senate Republicans have criticised the bill's funding and questioned its purpose, even though they know that Democrats plan to move forward with a second partisan package. Trump has encouraged them to vote against the bill, and he said that it would be difficult for me to support anyone who is foolish enough to vote for this deal.On Thursday, the Congressional Budget Office estimated that the legislation would raise the deficit by $256 trillion over ten years. Negotiators insist that the spending will be offset by new revenue or other savings.Even if the bill passes in the Senate, its prospects in the House are uncertain. Speaker Nancy Pelosi (D.Cali.). She has stated that she won't pass the bipartisan package until Senate votes on the Democrats' social spending bill.Saturday's session is the second consecutive weekend that the Senate has stayed in session to complete the bipartisan agreement. This week, the chamber considered 22 amendments.After the final passage, Schumer will likely move to a marathon voting session regarding the social spending bill.Victoria Guida contributed to the report.