The House of Representatives of the United States has passed an expenditure bill that will invest 200 trillion yen in Japanese yen for childcare support and climate change measures, which symbolizes the active finances of the Biden administration.
From now on, the focus will be on Senate deliberations that some ruling party members do not agree with.
Conflicts have continued within the ruling and Democratic parties over the spending bill proposed by the Biden administration, which will invest $ 1.75 trillion in 10 years and 200 trillion yen in Japanese yen. We decided to vote on the consensus.
The opposition and Republicans, who criticized the bill as being a Baramaki bill, all voted against it, but it was passed by a majority of 220 in favor and 213 in opposition.
The bill includes free nursery schools for 3 and 4 years old, tax cuts for child-rearing households, and support measures for the spread of electric vehicles and renewable energy, and will be used as financial resources for large companies and wealthy people. Tax enhancement is included.
Apart from this, the Byden administration has already enacted economic measures for the new coronavirus of 200 trillion yen and infrastructure investment law of 110 trillion yen, and this expenditure bill will be a symbol of aggressive fiscal policy following these. increase.
However, in the Senate, where the ruling and opposition parties are fighting against each other, the key members of the ruling and Democratic Party of Japan do not agree that "large-scale fiscal spending may accelerate price increases," and it was established. It is expected that the voyage will still be difficult.
House Republican Top 8 and a half hours criticism speech
Opposition and Republican parties are strongly opposed to the spending bill, and on this day, the leader of the House of Representatives, McCarthy, is trying to block the vote from 8:30 pm local time to 5 am on the 19th. He gave an unusual speech that continued to criticize the bill for half an hour.
During this time, Floor Leader McCarthy continued to talk, saying, "No bill has ever raised so much tax and borrowed so much because of reckless fiscal spending."
American media reports that the speech renewed the longest time in the history of the House of Representatives.