By Richard Cowan and Susan Cornwell
WASHINGTON (Reuters) -U.S. President Joe Biden s drive for big new infrastructure investment got a boost on Tuesday when leading Senate Democrats agreed on a $3.5 trillion investment plan they aim to include in a budget resolution to be debated soon, Senate Majority Leader Chuck Schumer said. We have come to an agreement, Schumer told reporters after more than two hours of closed-door talks that included Senate Budget Committee Democrats and White House officials. Republicans have not been part of these negotiations. You add that to the $600 billion in a bipartisan plan and you get to $4.1 trillion, which is very, very close to what President Biden has asked us for, Schumer said.
U S Senate Democrats agree to $3 5 trln for budget reconciliation bill
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US Senate Democrats agree to $3 5 trillion for budget reconciliation bill
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US Senate Democrats agree to $3 5T for budget reconciliation bill
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Senate Democrats Split on Spending as Biden Meets Sanders Bloomberg 8 mins ago © Bloomberg Senate Democrats Split on Spending as Biden Meets Sanders
(Bloomberg) President Joe Biden met with Senate Budget Committee Chair Bernie Sanders on Monday as Democratic lawmakers wrangled to find consensus on legislation designed to carry most of Biden’s $4 trillion longer-term economic agenda.
“My job is to do everything I can to see the Senate comes forward with the strongest possible legislation to protect the needs of the working families of this country,” Sanders told reporters after meeting with Biden at the White House. “I think we are on the same page,” he said of Biden.