A $1 trillion bipartisan infrastructure bill hangs in the balance ahead of a scheduled vote on Thursday amid frustration from progressive Democrats who want the party to reach an agreement beforehand on a larger climate and social welfare package. 

The sprint toward passage of a pair of bills that could total some $4.5 trillion in spending comes as Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell on Tuesday warned Congress that the Delta variant had slowed the U.S. economic recovery. 

In a new interview, Suzanne Shank — who leads one of the nation’s top underwriters of municipal bonds, specializing in infrastructure projects — affirmed her support for the trillions in new spending, saying the infrastructure improvements would prove “invaluable” for the U.S. economy. 

“Any plan that helps our country get from the D-plus [infrastructure grade]it has been for so many years, I think we just emerged to a…

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