July Outlook 2021

It is crunch time in Washington with only a few weeks before Congress is set to break for the
month-long August recess. With infrastructure talks still underway, both Senate Majority Leader
Schumer (D-NY) and House Speaker Pelosi (D-CA) have prepared their caucuses to work
through the nights and weekends until the details surrounding both a bipartisan infrastructure
bill and a budget resolution are hashed out and the two proposals can be brought forward for
votes. It is still unclear whether the Senate will be able to advance infrastructure legislation prior
to the August recess.