Biden cites stalemate over spending but confident bills will pass

Economy9 minutes ago (Sep 24, 2021 10:46AM ET)

WASHINGTON (Reuters) – U.S. President Joe Biden on Friday said he recognized spending bills to address infrastructure and other spending were at a standstill in Congress despite his fellow Democrats’ majorities, but said he was confident the measures would pass.

Speaking to reporters at the White House, Biden acknowledged his economic plan “has been very much curtailed by a whole range of things” and would take some time, but said both the bipartisan infrastructure bill and Democrats’ budget bill needed to be enacted.

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