Infrastructure momentum | Debt ceiling stakes | Historic heat wave

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VIEW IN BROWSER | SUBSCRIBE FRI, JUL 09, 2021 CNBC POLITICS EDITOR'S NOTE Hello,   We are weeks away from when Congress is supposed to take its long summer recess. Democrats in Congress have a lot of work to do before then, however. President Biden's infrastructure deal with Republicans is at stake. As are his ambitious plans to restructure wide swaths of the economy, including family care, manufacturing and energy production.   Then there is the battle over voting rights. It will define not only the two parties' campaigns for next year's midterm elections, but also how people will vote. It's such a big priority for the Biden administration that the president is going to give a long-expected big speech on the issue next week in none other than Philadelphia, the birthplace of American independence.   Here's what's happening: The word from Schumer: The top Democrat in the Senate, New York's Chuck Schumer, is already warning his colleagues that they might have to work into their end-of-summer recess. In a note to his fellow senators Friday, Schumer said they would keep working on the bipartisan infrastructure deal and a potentially bigger bill, using budget reconciliation, to pass other aspects of Biden's agenda. The ceiling's the limit: The Democrats are also facing a July 31 deadline on the debt ceiling. The U.S. needs to raise or suspend it in order to keep paying its bills. While the country has never defaulted, which would create a crisis in the markets and the economy, there are still political risks involved for members of both parties. CNBC's Christina Wilkie and Thomas Franck break it down here. The grind of climate change: The recent heat wave in the Pacific Northwest, which killed dozens upon dozens in the U.S. and Canada, was historic in nature. According to scientists, it was so extreme that it would have been virtually impossible without climate change. The researchers also urged the world to take more aggressive steps to combat climate change. They also warned that people will need to start taking precautions to deal with similar heat waves as they become more frequent. Thanks for reading CNBC Politics. Have a great weekend.   Thoughts? Email us at CNBCPolitics@nbcuni.com.   Have friends or colleagues who might like this newsletter? They can sign up here.    Subscribe to CNBC's daily podcast "The News with Shepard Smith," which provides deep, non-partisan coverage and perspective on the day's most important stories. Mike Calia @Michael_Calia KEY STORIES  Senate may work into August to pass infrastructure plan, set the stage for huge spending bill Democrats are trying to pass a bipartisan infrastructure plan and a potentially broader bill to address child care and climate change in the coming weeks. The debt ceiling deadline is the end of July — Democrats have options, but no clear plan yet The debt ceiling needs to be suspended or raised at the end of July, but Democrats have yet to reveal a strategy to keep paying America's bills. Biden to sign order to crack down on Big Tech, boost competition 'across the board' The Biden administration's order will argue that the biggest companies in the tech sector are wielding their power to box out smaller competitors. U.S. military mission in Afghanistan will end by August 31, Biden says The removal of approximately 3,000 U.S. service members coincides with the 20th anniversary of the Sept. 11 terrorist attacks. Justice Department declined to prosecute 82% of hate crime suspects investigated from 2005 to 2019 The DOJ declined to prosecute 82% of federal hate crime suspects from 2005 to 2019. Biden presses Putin to disrupt cybercriminals in Russia as U.S. grapples with latest ransomware attacks President Joe Biden pressed Russian President Vladimir Putin to take action to stem recent ransomware attacks from Russian-based groups in a phone call. Western heat wave virtually impossible without climate change, researchers say, urging action The heat wave that gripped the Pacific Northwest and Canada in June was a once-in-a-millennium event impossible without climate change, researchers said. Biden to deliver big voting rights speech next week in Philadelphia President Joe Biden next Tuesday will deliver an address about the actions his administration is taking to "protect the sacred constitutional right to vote." California Gov. Newsom asks residents to cut water usage by 15% as drought grips state Gov. Newsom added nine more counties to the state's drought emergency declaration at a press conference in San Luis Obispo County. Two U.S. citizens arrested after Haitian president's assassination, State Department says President Joe Biden condemned the assassination of Haitian President Jovenel Moise, who was shot dead by attackers in his private residence overnight.     Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS