White House Announces ‘Bipartisan’ Infrastructure Deal

President Joe Biden (C), joined by from left to right, Sen Jeanne Shaheen (D-N.H.), Sen. Rob Portman (R-Ohio), Sen Bill Cassidy (R-La.), Sen. Kyrsten Sinema (D-Ariz.), Sen. Mark Warner (D-Va.) and Sen Mitt Romney (R-Utah), speaks after the bipartisan group of Senators reached a deal on an infrastructure package at the White House on June 24, 2021. Kevin Dietsch/Getty Images

The White House and several senators announced Wednesday that they’ve reached a deal that would provide $550 billion in new federal investment into U.S. infrastructure, coming after weeks of talks.

In a statement released by the Biden administration, the White House and “bipartisan group” of senators announced an “agreement on the details of a once-in-a-generation investment in our infrastructure” that will then be taken up in the Senate. Majority Leader Chuck Schumer (D-N.Y.) said earlier in the day that an initial vote on the deal could be held as early as Wednesday.