WASHINGTON (Reuters) — U.S. Senate Republicans unveiled a new $928 billion offer to revitalize America's roads, bridges and broadband systems on Thursday, which fell well short of President Joe Biden's latest infrastructure proposal but proved substantial enough to keep negotiations alive.
The eight-year plan, from a group of six Republicans led by Senator Shelley Moore Capito, represents their counter-offer to a week-old $1.7 trillion White House proposal that removed more than $500 billion from Biden's original $2.25 trillion plan in a bid to reach a bipartisan agreement.
Biden, who had imposed an unofficial end-of-May deadline on infrastructure talks, spoke to Capito by telephone and later said he invited her to contact him again next week, adding: "I told her we have to finish this very soon."