Political and Legislative
A Bipartisan Group of Senators Has Reportedly Agreed Upon a Tentative Infrastructure Deal
A bipartisan group of 10 senators Thursday afternoon announced an agreement on a “compromise framework” to invest $1.2 trillion in infrastructure over the next eight years.
Sources familiar with the deal said it would provide $974 billion over five years. They also said the framework is focused on “core, physical infrastructure” and would not increase taxes, though it includes an option to index the gas tax to inflation.
Further, it would provide $579 billion in new funding over what would otherwise be spent without any new legislation.
