- June 25, 2021
- Posted by: Stratford Team
- Category: Business
President details agreement from East Room with VP Harris in attendance.
President Biden on Thursday announced the White House had struck an infrastructure deal with a bipartisan group of senators after weeks of painstaking, back-and-forth negotiations on a plan to improve the nation’s crumbling roads and bridges.
“To answer the direct question, we have a deal,” Biden said from the White House lawn. “We have made serious compromises on both ends.”
His announcement followed an Oval Office meeting with a bipartisan group of senators, who were pitching a breakthrough pared-down agreement worth about $953 billion reached the night before. Their proposed framework includes about $559 billion in new spending that will be invested in roads, broadband internet, electric utilities and other traditional infrastructure projects over the next five years.
BIDEN’S PROPOSED 39.6% TAX HIKE WOULD HIT THESE INDIVIDUALS, FAMILIES
Here’s a breakdown of the proposed…
