As the new year dawns, the US Congress enters an important legislative phase, with multiple areas of focus for Congress. Here are five factors that have the potential to significantly impact the political, economic, and social direction of the nation:
1. Infrastructure Bill: Following the passage of the $1 trillion infrastructure bill in November, attention now shifts to its implementation and the subsequent impact on infrastructure improvements, job creation, and economic growth.
2. Social Spending Bill: The $2 trillion social spending bill remains a point of contention between Democrats and Republicans, with debates on healthcare, education, climate change, and taxation likely to continue in the coming months.
3. Voting Rights: The current legislative session may see increased efforts to protect and expand voting rights amid ongoing debates on electoral reforms, with Democrats pushing for federal legislation in response to new state-level laws that restrict access to voting.
4. Debt Ceiling: After narrowly avoiding a default in October 2021, Congress will once again have to address the debt ceiling, potentially heightening tensions and negotiations between Democrats and Republicans, as well as impacting the global financial markets.
5. COVID-19 Response: As the pandemic continues to evolve, Congress will need to monitor recent changes in vaccination and testing practices, provide additional relief to those impacted by the pandemic, and address challenges faced by various industries.
Five Key Factors to Monitor as Congress Enters a Crucial Legislative Phase
