The U.S. House of Representatives adopted a $3.5 trillion budget resolution Tuesday after a White House pressure campaign and assurances from Speaker Nancy Pelosi helped unite fractious Democrats to move ahead on the core of President Joe Biden's economic agenda.

The 220-212 vote puts to rest, for now, an intraparty rift between progressives and moderates that threatened to derail Pelosi's strategy for shepherding the budget framework and a separate $550 billion bi-partisan infrastructure bill through Congress.

To avoid a showdown on the floor, Pelosi orchestrated Tuesday's roll call to avoid a direct vote on the budget resolution. Pelosi used a procedural maneuver that deemed it passed once the House adopted a rule governing floor debate for two other measures—the infrastructure bill and voting rights legislation. No Republicans voted in favor of the rule.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.