Bipartisan negotiators strike agreement on infrastructure deal

FAN Editor

An aide familiar said the group will propose $579 billion in new spending.

Conservatives previously opposed the more than roughly $300 billion in new spending and many Democrats are demanding more than double the price tag for traditional infrastructure and climate-related investments.

“Our group — comprised of 10 Senators, 5 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,” the senators said in a statement. “This investment would be fully paid for and not include tax increases.”

Though the negotiators have struck a deal, they’ve not yet released details of their proposal.

This is a developing story. Check back for updates.

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