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1 big thing

Progressives worry about getting their spending agenda passed

1 big thing

Axios

News

4.02K Ratings

🗓️ 15 November 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

House Democrats continue to push for a vote of that nearly two trillion dollar Build Back Better spending bill. After months of wrangling, no date has been set and passage of President Biden’s massive agenda remains in question. So one question we’re asking this morning is: Is all the momentum lost? Plus, IBM’s quantum computing ambitions. And, Conclusions after the global climate summit. Guests: Axios' Hans Nichols, Ina Fried and Ben Geman. Credits: Axios Today is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Julia Redpath, Alexandra Botti, Nuria Marquez Martinez, Alex Sugiura, Sabeena Singhani, Lydia McMullen-Laird, and Jayk Cherry. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Progressives fearful as Biden plan pushed into December Exclusive: IBM achieves quantum computing breakthrough COP26 climate deal calls for historic shift from fossil fuels Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning. Welcome to Axios today. It's Monday, November 15th. I'm Nyla Budu. Here's

0:10.4

what you need to know today. Conclusions after the global climate summit. Plus, IBM's

0:15.7

quantum computing ambitions. But first, today's one big thing. Progressives worry about getting

0:21.5

their spending agenda past.

0:26.6

House Democrats continue to push for a vote of that nearly two trillion dollar buildback

0:31.1

better spending bill. After months of wrangling, no date has been set. And passage of President

0:36.4

Biden's massive agenda remains in question. So one question we're asking this morning is

0:42.0

all the momentum lost. Axios's Hans Nichols covers the Biden White House and is here now with

0:46.8

how progressives are reacting to all of this. Hey, Hans. Good morning. So infrastructure has

0:52.5

passed and it's scheduled to be signed today. But what about President Biden's billback

0:57.3

better plan? Well, how good are you at reading congressional budget office tables?

1:02.0

Because that could be what this comes down to, right? Because for this to pass for the big

1:06.7

1.75 trillion social spending and climate plan to pass, you actually need to have the centrist

1:12.4

on board in the house. And they have said they want fiscal information from the congressional

1:17.2

budget office. And until that happens, they still reserve the right to sink this whole thing.

1:22.1

And that's always been the progressives biggest fear. And so how are progressives trying to sell

1:27.6

this in the absence of that? They're pretending that a promise is a promise. And they're saying,

1:32.8

see, you signed this document. There's a promise. You said you're going to do it. Now you have to do

1:37.0

it. We passed your infrastructure bill. The president's going to sign it. You're going to get $1.2

1:41.2

trillion in new roads, bridges, broadband. So you have to uphold your end of the bargain and vote

1:47.2

for this big social spending plan. The problem is the house doesn't want to take a vote or

1:52.2

house centrist, I should say, don't want to take a vote that the Senate might not agree to.

...

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