As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by TheHill.com:
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.
The article goes on to state the following:
The statement was issued by Sens. Rob Portman (R-Ohio) and Kyrsten Sinema (D-Ariz.), the leaders of the group that also includes Sens. Bill Cassidy (R-La.), Jeanne Shaheen (D-N.H.), Susan Collins (R-Maine), Joe Manchin (D-W.Va.), Lisa Murkowski (R-Alaska), John Tester (D-Mont.), Mitt Romney (R-Utah) and Mark Warner (D-Va.).
The bill would also include $579 billion in new funding over what would otherwise be spent without any new legislation, the report explains.
In a joint statement tweeted by Sen. Kyrsten Sinema, the group wrote, “Our group — comprised of 10 senators, five from each party — has worked in good faith and reached a bipartisan agreement on a realistic, compromise framework to modernize our nation’s infrastructure and energy technologies. This investment would be fully paid for and not include tax increases.”
“We are discussing our approach with our respective colleagues, and the White House, and remain optimistic that this can lay the groundwork to garner broad support from both parties and meet America’s infrastructure needs,” the statement added.
— Kyrsten Sinema (@SenatorSinema) June 10, 2021
— The Hill (@thehill) June 10, 2021
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