PRESENTED BY BY JOHN BRESNAHAN, ANNA PALMER AND JAKE SHERMAN THE TOPWelcome back. Congress is returning to town today for the first time in two weeks. Pumped? We are. The House comes in tomorrow, and the Senate comes in this afternoon at 3 p.m., with its first vote at 5:30 p.m. It’s now the beginning of a long slog to pass (or not) some version of President Joe Biden’s massive infrastructure package, the American Jobs Plan. The next four to six weeks are going to be critical. Here are some things to watch to understand if things are on track, or if they’ve gone wildly astray. → Rep. Peter DeFazio (D-Ore.), the chairman of Transportation and Infrastructure, has said he wants to get a bill written and through his committee by May. That will be key to getting a package through the House by July 4th, as Speaker Nancy Pelosi has said is her goal. → Sen. Joe Manchin (D-W.Va.) is crucial to anything Biden wants to get done in the Senate. Where does he land on the corporate tax rate? Does he draw a hard line on using reconciliation? All of these decisions are key because, let’s be real, this guy is the biggest power player in the 50-50 Senate. → Inflation and the economy. You will hear a lot of talk over the next few weeks about whether the Biden plan and the trillions of dollars Democrats want to pump into the economy will spike inflation. Federal Reserve Chair Jerome Powell played down those fears last night during an interview on CBS’ “60 Minutes.” “We can afford to wait to see actual inflation appear before we raise interest rates,” Powell said. → The White House released the names of lawmakers coming to the White House today to meet with Biden and VP Kamala Harris. Here they are: House: Reps. Don Young (R-Alaska), Don Payne (D-N.J.), Garret Graves (R-La.) and David Price (D-N.C.). Senate: Sens. Maria Cantwell (D-Wash.), Roger Wicker (R-Miss.), Deb Fischer (R-Neb.) and Alex Padilla (D-Calif.). Note who isn’t on this list: Any of the middle-of-the-conference Republicans like Sen. Mitt Romney (Utah), Susan Collins (Maine) or Lisa Murkowski (Alaska). Young undoubtedly loves big infrastructure spending bills since he wrote one as a committee chair — named it after his wife! — but these aren’t exactly centers of influence among Republicans. Yet we believe that the White House is going to make a somewhat serious effort to talk to the GOP this time around. We’re not suggesting that either side is going to move too far. But we’re interested to see how they handle this round of “appearing bipartisan.” Both sides face big decisions fairly quickly here. Democrats have the biggest decisions to make. If Biden, Pelosi, and Senate Majority Leader Chuck Schumer (D-N.Y.) don’t believe that Republicans are bargaining in good faith or that a deal can be reached, they’ll go the reconciliation route. That means they will have to either seek to amend the FY 2021 budget resolution or do an FY 2022 resolution providing instructions to the committees on what to do for the package. Either way, in the Senate, that means another vote-a-rama. All that jockeying officially starts today. It could be a big moment both in Biden’s presidency, as well as impacting what happens in next year’s midterms. So we’ll be following it very closely. BTW, if you’re tracking nominations, Schumer has filed cloture on the following noms: Polly Ellen Trottenberg for Transportation, Wendy Sherman for State, Gary Gensler for the SEC and Brenda Mallory for CEQ. Trottenberg will come up this evening at 5:30 p.m. The Senate will also vote to advance a Covid-19 hate crimes bill. PRESENTED BY COMCAST Over the next 10 years, Comcast is committing $1 billion to reach 50 million people from low-income families with the tools and resources they need to succeed in a digital world. We’ll do this by connecting people to low-cost Internet at home, equipping safe spaces with free WiFi and working with thousands of nonprofit community organizations, city leaders, and business partners to create opportunities, particularly in media, arts, technology, and entrepreneurship. Learn more. NO OBSERVATIONS TIME! Who wants to bet how McConnell will react to Trump? If you spent any part of this weekend on Twitter or anywhere on Earth, you know that former President Donald Trump took a whack at Senate Minority Leader Mitch McConnell (R-Ky.). Trump said McConnell didn’t have the courage to overturn the election, and called him a “dumb son of a bitch.” Trump also said McConnell didn’t thank him for nominating his wife as Transportation secretary. McConnell has basically decided he’s through with Trump and not interested in engaging on the topic — at all. So here’s a guess about how this will all play out: Reporters will spend a couple days trying to get McConnell to talk about Trump’s comments. McConnell won’t bite. He’ll stroll past us and look directly ahead as if we aren’t talking at all. Maybe — just maybe — he’ll engage on Trump talking about his wife, Elaine Chao. But the way McConnell sees it, the best answer is that he’s in power and Trump is at home gabbing and that’s victory enough. PUNCHBOWL NEWS EVENTS Pop Up Conversation with Sen. Dick Durbin APRIL 22 @ 9 A.M. EST Immigration advocates have been urging the Biden Administration to push for an overhaul of the nation’s immigration laws. While many of the proposals are popular throughout the country, that effort has stalled in Congress. Immigration legislation passed the House, but it doesn’t have a clear pathway in the Senate. Punchbowl News will sit down with Sen. Dick Durbin, who has been leading the effort in the Senate. We will discuss the state of play and what concrete changes he thinks could happen this year. And the big question: Could inaction force Democrats to get rid of the legislative filibuster to try and get it passed. RSVP Here ![endif]>



