Senate settles on a $1 trillion infrastructure bill

Senators have agreed on an infrastructure bill, and it’s going to be a massive one. The $1.2 trillion bipartisan bill was announced on Sunday after months of negotiations.

The plan would pour money into the country’s physical infrastructure including roads, bridges, electric vehicle charging stations, replacements for lead water pipes, railways, and access to high-speed internet. It could be considered one of the largest public works projects in years. It includes $550 billion in new spendings over the next five years.

It could be passed as soon as later this week, as Senate Majority Leader Chuck Schumer plans to, according to CNBC, “ rush the 2,702-page legislation through the chamber before a planned month-long recess starting Aug. 9.”

Schumer said: “Given how bipartisan the bill is, and how much work has already been put in to get the details right, I believe the Senate can quickly process relevant amendments and pass this bill in a matter of days.”

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