inflation into a higher trajectory. not just for months to come. but potentially years to come. will: yeah. now, jason, you said joe biden ran on the promise unite america and trillion dollars, $1.000000000000 infrastructure happening. it doesn t even unite the democratic party. to say your point he can t wrangle in bernie sanders. he can t even unite the democrat, jason. yeah, no. this is the problem. and nancy pelosi promised the more centrist group of democrats there. that they would have this this infrastructure vote on september 27th. and obviously she was not able to deliver this. i think eventually they shoot so high and say 3.5 trillion. and then they cut the number in half and say look how reasonable. ladies and gentlemen, no matter what that price tag is, they are going to grow government, grow regulations, increase taxes. inflation is going to be out of
didn t happen last night. reporter: despite hours negotiation last night in a tense caucus meeting, house democrats are leaving biden s economic agenda hanging in the balance. the impasse really boils down to this. progressives want a vote first on the budget blueprint that the sell the stage for a massive partisan spending plan on social programs. that is also the sequencing that speaker nancy pelosi has committed to. but moderates in the caucus want to vote first on the senate-passed bipartisan infrastructure bill so they can go home to their constituents and say, look, we accomplished something. so far this group is standing firm and they have a ton of leverage. speaker pelosi can only afford to lose three democrats on the floor on any votes. last night she did try to work out a deal with this group. she offered a concession that would have included a guaranteed passage day for the bipartisan bill. it fell short of what the centrist group is demanding. they have not signed off on
bipartisanship paying off at this point? looks like it. he took a lot of heat that folks were skeptical or cynical that this was even possible. but biden put his faith in the ability of people to reason together and his years in the senate. during the obama years, mcconnell and co. blocked a $60 billion infrastructure bill from president obama. so this is a very big deal, even if it s less total dollars than a lot of democrats might wish. it is evidence that after all the promises of infrastructure week we heard over and over again from donald trump, that maybe joe biden and a centrist group of senators can get it done. that s a big deal. well, here s the thing. let s be practical about this. i m sure democrats in the progressive wing of the democratic party would like to have a whole lot more money, maybe they re banking on the next round to get more money.
you know, he took a lot of heat from folks who said they were skeptical or cynical that this was even possible. but biden put a lot of faith in his senate years and ability to get people to reason together. this is a long way from being a done deal, but you got to remember that during the obama years, mitch mcconnell and co. blocked a $60 billion infrastructure deal from president obama. so this is a very big deal even if it s less total dollars than a lot of democrats might wish. it is evidence that after all the promises of infrastructure we heard over and over again from donald trump, that maybe joe biden and a centrist group of senators can get it done. that s a big deal. well, here s the thing. let s be practical about this. i m sure democrats in the progressive wing of the democratic party would have liked to have a whole lot more money. maybe they re banking on the next round to get more money. but when you re negotiating, that s what happens. you compromise. you don t get eve
Transcripts for FOXNEWS FOX News Sunday With Chris Wallace 20210201 07:19:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.