Senate Work To Pass Bipartisan Infrastructure Bill Continues Through Weekend

August 8, 2021
WASHINGTON, DC - AUGUST 05: Senate Majority Leader Chuck Schumer (D-NY) listens during a press conference on the introduction of the "September 11th Transparency Act of 2021" at the Capitol Building on August 05, 202... WASHINGTON, DC - AUGUST 05: Senate Majority Leader Chuck Schumer (D-NY) listens during a press conference on the introduction of the "September 11th Transparency Act of 2021" at the Capitol Building on August 05, 2021 in Washington, DC. Sponsors of the legislation, including Sen. Robert Menendez (D-NJ) and Sen. Richard Blumenthal (D-CT), are calling on increased transparency of the federal September 11th investigation. (Photo by Anna Moneymaker/Getty Images) MORE LESS
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August 8, 2021

The Senate voted Saturday afternoon to end debate on the bipartisan infrastructure bill. What happens next is unclear — a number of disputes remain over amendments. Senators’ efforts to solve those could stretch into next week as the legislation moves slowly through procedural hurdles. Or it could all wrap up much sooner.

We’ll be keeping tabs below.

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The Senate voted Saturday afternoon to end debate on the bipartisan infrastructure bill. What happens next is unclear — a number of disputes remain over amendments. Senators’ efforts to solve those could stretch into next week as the legislation moves slowly through procedural hurdles. Or it could all wrap up much sooner.

We’ll be keeping tabs below.

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  1. Bitcoin People Are Mad About Infrastructure Bill, Triggering Amendment Fight

  2. ”…tax reporting requirements for cryptocurrency trading.”

    I’m sorry, but there’s no legitimate basis for “cryptocurrency” whatsoever.

    It’s nothing but a weapon for ransomware hackers, tax cheats, and Russian mafiosi.

    The sooner we rid the global economy of this poison, the better.

  3. Yes…and the other part of this story is tax collecting.

  4. I repeat:
    What occurs to me is that should we decide not to tax a class of assets, we insure that asset class is favored over others. We ensure the success of cryptocurrency as a tax dodge.
    The BBC World Busness Report guys keep sayin’ “90% of cryptocurrency transactions are criminally related”. Most of that crime seems to be tax avoidance.

    We never should have allowed Capital Gains to be taxed at a lower rate: should end that preference, and strongly tax the wealthy to keep their money out of politics.

Continue the discussion at forums.talkingpointsmemo.com

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