When last we checked in on Infrastructure Week, Nancy Smash and President Handsome Joe Biden had publicly announced that the bipartisan infrastructure bill would be partnered with a reconciliation bill that would cover the bits that the Republicans hated.
And even though this strategy had been public for weeks, the bad-faith Coup Klux Klan negotiators are suddenly outraged by the infamy of getting what they demanded:
Senate Republicans who negotiated an infrastructure deal with President Joe Biden celebrated Thursday, then woke up angry on Friday.
The five GOP senators who cut a deal with moderate Democrats and the president are frustrated that Biden explicitly tied his signature on a bipartisan infrastructure bill to a separate Democrats-only measure, according to three Republican aides familiar with the dynamics. Biden has long said he wants to push forward both measures together, but Republicans viewed his Thursday comment as openness to vetoing the very same bill he’d just endorsed.
And so of course they are now demanding that Democrats don’t take up the reconciliation bill, you know, in the name of bipartisanship:
That may be for the best, since ONE of the mechanisms to pay for it turns out to be a gift to the fat cats:
The bipartisan infrastructure proposal revealed Thursday has a long list of pay-fors. Among them is something called “asset recycling,” or, as it might otherwise be known, “a fancy way of turning public infrastructure into private infrastructure.”
But how exactly? And how might such an operation help the government fund a $1.2 trillion infrastructure deal? Per research and policy organization In The Public Interest, asset recycling sells off public goods like “roads, water systems, and electric utilities” with the intent of using lease money to fund new infrastructure. Proponents say asset recycling “builds upon itself.”
You can ask our friends in Chicago how well privatization worked for them when Da Mayor Richard Daley sold off the public parking meters to a hedge fund.
“Let’s be blunt: Democrats are one vote away from their Senate majority – and with it their ability to pass anything without Republican votes – disappearing. Every day they go without a bill is a risk and this process could easily run into September, October, or beyond if a bill proves difficult to hammer out.”
“As Infrastructure Week turns into Infrastructure Summer and Infrastructure Fall, do Democrats still keep their fragile majorities?”
“That might be the biggest question of all.”
It’s not that the Republicans are being duplicitous, it’s that the Dems are in disarray.