Finance

U.S. Senate Budget panel Democrats reach agreement on $3.5 trillion infrastructure plan By Reuters

© Reuters. U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters following the weekly Senate lunch at the U.S. Capitol in Washington, U.S., July 13, 2021. REUTERS/Elizabeth Frantz

WASHINGTON (Reuters) – Democrats on the U.S. Senate Budget Committee reached an agreement on a $3.5 trillion infrastructure investment plan that they aim to include in a budget resolution to be debated later this summer, Senate Majority Leader Chuck Schumer announced late on Tuesday.

“We have come to an agreement,” Schumer told reporters after more than two hours of closed-door talks by committee Democrats and White House officials.

“You add that to that 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.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button