The Infrastructure Bill Shows Why Bitcoiners Need To Be Politically Active
This is simply the latest development that shows the lack of understanding amongst policy makers.Editors note: this article has been updated with more information about the bill.The Senate procedural vote held late Wednesday night was a big step forward in the difficult process of brokering such a large infrastructure package in Congress. This is, however, the very first step for the package, and requires a few more hurdles before it reaches President Biden’s desk for an official signing to become law. Naturally, the actual text of the bill was not released prior to this procedural vote,....
Related News
The language in the infrastructure bill is an example of why the Bitcoin community has to engage politically.
The Infrastructure Investment and Jobs Act was received with resistance from Bitcoiners, but still passed — when will the reckoning occur?
Serving U.S Representative for Colorado’s 3rd congressional district, Lauren Boebert questioned why a crypto provision was included in the infrastructure bill, especially since it has no relevance to infrastructure. She added that hiding unrelated laws into bills as a strategy for passing unpopular legislation is why people “hate DC politicians.” Even before covid mandates and […]
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 Trillion The bipartisan infrastructure bill has been a hot topic in recent times and on Friday the bill passed in Congress and now awaits president Biden’s approval. The passing followed....
The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be a tragic mistake.” Senate Passes Infrastructure Bill With ‘Unworkable’ Crypto Tax Provision The U.S. Senate voted 69-30 to approve the $1.2 trillion bipartisan infrastructure bill Tuesday without a crypto amendment. Many people have raised concerns about the cryptocurrency provision....