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.
