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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 here 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.”
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WASHINGTON (Reuters) - U.S. Senate Republicans, hoping to strike a deal with President Joe Biden on infrastructure, are expected to unveil a new offer on Thursday that would spend about $1 trillion to revitalize America’s roads, bridges and broadband systems.
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The plan, from a group of six Republicans led by Senator Shelley Moore Capito, represents their counter-offer to a week-old $1.7 trillion here White House proposal that slashed more than $500 billion from Biden s original $2.25 trillion plan in a bid to reach a bipartisan agreement.
“Hopefully, it will move the ball along,” Capito told reporters on Wednesday.
The U.S. Senate on Thursday advanced a sweeping package of legislation intended to boost the country's ability to compete with Chinese technology, as Congress increasingly seeks to take a tough line against Beijing.
Last week, the U.S. House of Representatives approved an independent and bipartisan investigation into the Jan. 6 attack on the U.S. Capitol on a 252-175 vote, with no fewer than 35 Republican members voting in favor of it. The U.S. Senate is expected to take up the matter soon, but most observers consider it doomed: The chances of persuading 10 GOP senators (the number needed to avoid a .