Ten Senate Democrats and Republicans say they reached five-year, nearly $1 trillion infrastructure d [View all]
Source: Washington Post
A bipartisan group of 10 Senate Democrats and Republicans reached a new deal on infrastructure on Thursday, agreeing to a nearly $1 trillion, five-year package to improve the country’s roads, bridges, pipes and Internet connections.
The new blueprint, described by four people familiar with the plan, marks a fresh attempt to resurrect negotiations between congressional lawmakers and the White House after an earlier round of talks between President Biden and the GOP fell apart this week. But it remains unclear if the early accord will prove to be enough to satisfy either the White House or a sufficient number of lawmakers on Capitol Hill at a time when disagreements between the parties are rife.
The new deal is the product of five Democrats and five Republicans — Bill Cassidy (R-La.), Susan Collins (R-Maine), Joe Manchin III (D-W.Va.), Lisa Murkowski (R-Alaska), Rob Portman (R-Ohio), Mitt Romney (R-Utah), Jeanne Shaheen (D-N.H.), Kyrsten Sinema (D-Ariz.), Jon Tester (D-Mont.), and Mark R. Warner (D-Va.).
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Their early agreement calls for about $974 billion in infrastructure spending over five years, which comes to about $1.2 trillion when extrapolated over eight years, according to the sources, who spoke on the condition of anonymity because the details had not yet been released formally. The package includes roughly $579 billion in new spending.
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