Technical Analysis

White House: It has the sense Sen. Sinema does want to see a reconciliation bill

White House comments from Press Secretary

  • We are at a precarious, important time discussions on legislation
  • White House team, Biden will be working around the clock on talks with lawmakers
  • it has the sense that Sen. Sinema does want to see a reconciliation bill

Sen. Sinema is a key democratic senator who like Sen Manchin is more moderate and expressed concerns about spending bill and increased taxes.

Present Biden’s first-term domestic agenda is packed into the massive bill, which has no Republican support and will have to be passed by using a budgetary process called reconciliation

This will allow it to pass with 50 votes, versus the 60 votes that are normally required to pass Senate measures. 

The fate is still n the hands of both Sinema and Manchin as the Senate is evenly divided, 50-50.  

Invest in yourself. See our forex education hub.

Articles You May Like

EURGBP keeps a lid on the pair against its 100 day MA
10 year yield holds below 100 day MA
ผมเจอเทคนิค Scalping ที่สุดยอดที่สุด | The best Forex scalping strategy 2021
Euro Rises Slightly in Dull Markets, Dollar Mixed
Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year

Leave a Reply

Your email address will not be published.