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U.S. House of Representatives Speaker Nancy Pelosi said on Sunday that the $1 trillion bipartisan infrastructure bill will be set for a vote this week and assured that it’s going to be passed.
U.S. House of Representatives Will Vote on Infrastructure Bill
“September 27, we will begin debate on the Bipartisan Infrastructure Framework on the Floor of the House and vote on it on Thursday, September 30.”
While the bill was passed on Aug. 10, an amendment put forwarded by Senator Pat Toomey saw bipartisan support from Senators Cynthia Lummis, Rob Portman, Mark Warner, Kyrsten Sinema, and Ron Wyden who wants to exempt validators, developers, and node operators from the law. However, Alaman Senator Richard Shelby objected to the amendment being added to the legislation.
The deal comes as a devastating blow to the cryptocurrency community saying that the language from the infrastructure package could extend burdensome tax reporting requirements to wallet developers and miners.
While several amendments were proposed in the Senate earlier this month, they ultimately failed, leaving the problematic language in the final bill.
Opposition from Lawmakers
Nancy Pelosi noted the vote is slated to take place the day before the Surface Transportation Reauthorization Act of 2021 is set to expire. The infrastructure bill still faces opposition from some lawmakers who believe it should be held back until negotiations have ended regarding the follow-up $3.5 trillion social welfare and climate bill.
“We are now working together with the Senate and the White House on changes to this historic legislation. $3.5 trillion was the number that was sent to us by the Senate and by the president. Obviously with negotiation, there has to be some changes in that the sooner the better, so that we can build our consensus to go forward.”