© Bloomberg. WASHINGTON, DC – SEPTEMBER 26: U.S. Rep. Don Beyer (D-VA) speaks during a discussion on the Trans-Pacific Partnership (TPP) September 26, 2016 on Capitol Hill in Washington, DC. The Progressive Policy Institute (PPI) hosted a discussion on
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(Bloomberg) — A senior Democratic lawmaker predicted that his party’s legislators will be able to pass a budget resolution by the end of July, a key step in setting up legislation to enact President Joe Biden’s vision of trillions of dollars worth of social spending and tax hikes.
“The goal is very much to do that — or, we’ve already been warned if we don’t get it by July 30, we could be here the first or second week of August to get it done,” Representative Don Beyer, who chairs the Joint Economic Committee, said in an interview Friday with Bloomberg TV when asked if a budget resolution can be completed by the August congressional recess.
Beyer highlighted that House Budget Chairman John Yarmuth has deferred to Senate Budget Committee Chairman Bernie Sanders on taking the first step on a budget…