{"id":581,"date":"2021-10-08T15:54:22","date_gmt":"2021-10-08T07:54:22","guid":{"rendered":"https:\/\/www.gochambers.com\/globalupdates\/?p=581"},"modified":"2021-10-08T15:54:22","modified_gmt":"2021-10-08T07:54:22","slug":"u-s-chamber-says-it-supports-standalone-bif-rejects-reconciliation","status":"publish","type":"post","link":"https:\/\/www.gochambers.com\/globalupdates\/latest-news\/u-s-chamber-says-it-supports-standalone-bif-rejects-reconciliation\/","title":{"rendered":"U.S. Chamber says it supports standalone BIF, rejects reconciliation"},"content":{"rendered":"<p>The U.S. Chamber of Commerce\u00a0issued a statement\u00a0late Monday clarifying its support for the Senate-passed $1.2 trillion infrastructure bill if passed independently. But it rejected President Biden linking it to his broader, $3.5 trillion reconciliation package.<\/p>\n<p><strong>Driving the news:\u00a0<\/strong>The statement came shortly after the Chamber\u00a0told Axios it opposed passage\u00a0of the bipartisan infrastructure bill, given Biden linked the measure to his reconciliation proposal during his meeting with House Democrats on Friday.<\/p>\n<ul>\n<li>Punchbowl News\u00a0had earlier reported\u00a0House Republicans were booting the Chamber from its strategy calls, a move that was seen as a formal rejection of the pro-business organization after months of fraying relations.<\/li>\n<\/ul>\n<p><strong>What they&#8217;re saying:\u00a0<\/strong>&#8220;Prior to last Friday,\u00a0it was clear that Congress could enact the\u00a0infrastructure\u00a0bill without enacting the\u00a0reconciliation\u00a0bill,&#8221;\u00a0the Chamber&#8217;s statement reads.<\/p>\n<ul>\n<li>&#8220;Now, Congressional Democrats are linking the two bills together, resulting in holding the infrastructure bill hostage until the reconciliation bill moves forward.<\/li>\n<li>&#8220;We will not back off our opposition to\u00a0reconciliation\u00a0because of our support for\u00a0infrastructure.&#8221;<\/li>\n<\/ul>\n<p><strong>Context:<\/strong>\u00a0In a letter to the Chamber&#8217;s Board of Directors on Monday,\u00a0obtained by Axios, the Chamber&#8217;s chief policy officer, Neil Bradley, pointed specifically to the news the infrastructure bill would not be voted upon first when criticizing the bipartisan bill.<\/p>\n<ul>\n<li>\u201cThe events of the last few days make it all the more crucial that everyone across the business community does everything in our power to ensure the reconciliation bill does not pass,&#8221; Bradley continued.<\/li>\n<li>&#8220;While the Chamber believes that passing infrastructure as a stand-alone bill prior to consideration of the reconciliation bill would have enhanced our position, that is no longer a realistic possibility.&#8221;<\/li>\n<\/ul>\n<p><strong>Between the lines:<\/strong>\u00a0Punchbowl News&#8217; story about the decision by House Republicans to cut the Chamber from its strategy calls was largely seen as a formal rejection of the pro-business organization after months of fraying relations.<\/p>\n<ul>\n<li>Many Republicans\u00a0have also criticized the Chamber\u00a0for endorsing some Democrats in recent years.<\/li>\n<\/ul>\n<p><strong>The backdrop:<\/strong>\u00a0The Chamber has long been calling on Republicans to pass the bipartisan infrastructure bill, and has even been\u00a0courted by the White House\u00a0to help them promote the bipartisan measure.<\/p>\n<ul>\n<li>The Chamber also\u00a0criticized the House GOP leadership\u00a0for coming out against the bill last month.<\/li>\n<\/ul>\n<p>About <a href=\"www.skyhigh.vip\"> Skyhigh.Vip<\/a><\/p>\n<p><a href=\"www.skyhigh.vip\">Skyhigh.Vip<\/a> is a global institutional investor with vast interest in <a href=\"www.atelierauction\"> Arts <\/a> \/<a href=\"www.office-empire.com\"> Construction<\/a> \/ <a href=\"www.soholearninghub\"> Education<\/a> \/ <a href=\"www.gochambers\"> Business Services<\/a> \/ <a href=\"www.e-sportauthority\"> E-Sports <\/a>and various other growth industries.<\/p>\n<p>Several of its popular portfolio includes <a href=\"www.gochambers.com\"> GO Chambers<\/a> which is the world&#8217;s largest business chamber listing providers with over 30,000 active <a href=\"www.gochambers.com\"> chambers<\/a> as its members.<\/p>\n<p><a href=\"www.flexgigzz.com\">Flexgigzz<\/a> is the Asia leading marketplace for freelancer service and together with <a href=\"www.soholearninghub.com\">SOHO Learning Hub<\/a> which is an online platform for short courses and both of them aims to be the number one provider in Asia. For growth industries such as <a href=\"www.e-sportsauthority.com\">E-Sport Authority <\/a> which is dedicated to providing independent media coverage to all <a href=\"www.flexgigzz.com\">E-Sport <\/a>News related from around the world and for the art world, there is <a href=\"www.atelierauction\"> Atelier Auction<\/a> which is an investable art auctioneer and being in the art scene for decades.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Chamber of Commerce\u00a0issued a statement\u00a0late Monday clarifying its support for the Senate-passed $1.2 trillion infrastructure bill if passed independently. But it rejected President Biden linking it to his broader, $3.5 trillion reconciliation package. Driving the news:\u00a0The statement came shortly after the Chamber\u00a0told Axios it opposed passage\u00a0of the bipartisan infrastructure bill, given Biden linked [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[3],"tags":[29,49,59],"class_list":{"0":"post-581","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news","8":"tag-chamber-of-commerce","9":"tag-chambers","10":"tag-us-chamber"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. Chamber says it supports standalone BIF, rejects reconciliation<\/title>\n<meta name=\"description\" content=\"The U.S. Chamber of Commerce\u00a0issued a statement\u00a0late Monday clarifying its support for the 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