WASHINGTON A bipartisan group of 10 U.S. senators said on Thursday it had reached agreement on a framework for a proposed infrastructure spending bill that…
The statement gave no details of the agreement. But a source familiar with the deal said it would cost $974 billion over five years and $1.2 trillion over eight years and includes $579 billion in new spending.
The group of 5 Republicans and 5 Democrats said Thursday a deal was reached, with a source saying it includes $579 billion in new spending, costing $1.2 trillion over eight years.
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell. Leaders of the Group of Seven which also includes the United Kingdom, France, Canada, Germany, Italy and Japan are in sync with Biden on placing a global minimum tax of at least 15% on large companies. The G-7 leaders began a three-day summit in England on Friday after their finance.