Shamita Basu
๐ค SpeakerAppearances Over Time
Podcast Appearances
Also among the backers was Senator Tim Kaine, whose state has thousands of federal workers.
But the agreement leaves some Democrats wondering if the drawn-out standoff was worth it.
On the one hand, polls consistently suggested the public held Republicans more responsible for the impasse.
But others were prepared to double down on health care subsidies, like Senator Elizabeth Warren, who was critical of those who crossed party lines.
On CNN, political scientist Larry Sabato said parts of the party's base would be infuriated by Sunday's events.
In the days ahead, any one senator could still derail the agreement.
But Majority Leader Thune said he hoped to pass it early this week.
In an uncertain economic period, Wall Street's strength has been driven by a handful of tech companies who are putting a lot of money into expanding their AI efforts.
On Friday, Meta announced plans to invest $600 billion in AI infrastructure to serve its growing computing needs.
And on the same day, Bloomberg reported that OpenAI had asked the government to expand tax credit support for data centers.
But beyond the rise and fall of stock portfolios, The Wall Street Journal reports that this physical infrastructure is already reshaping American communities.
Journal reporter David Uberti told us that much of the funding is going to unexpected corners of the country, with the land, water and power required to host large quantities of information processing equipment.
Huberti spent time in Umatilla, Oregon, and saw firsthand how a traditional farming community had been transformed over the last five to 10 years by Amazon's buildout.
The town used to be known for a chemical weapons depot that was nearby and a state prison on the city's outskirts.
Now it's seeing a boom in AI building.
Companies that invest in places like Umatilla are offered significant tax breaks.
And the money coming in also impacts people in unaffiliated industries, like a young woman who Uberti spoke with that went from working 12-hour shifts at a distribution center to becoming an in-demand realtor in the area.
She told Uberti it's been a blessing to her family that people want to come to Umatilla now.
But at the same time, the surge in growth has also meant that the cost of housing and childcare are rising beyond reach for many blue-collar workers.
Uberti said that there are some who worry if this is an injection of short-term prosperity or the building blocks of something more.