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Democrats reach deal on $3 5T price tag for infrastructure bill

Democrats reach deal on $3.5T price tag for infrastructure bill Jordain Carney © Greg Nash Majority Leader Charles Schumer (D-N.Y.) addresses reporters after the weekly policy luncheon on July 13 Senate Majority Leader Charles Schumer (D-N.Y.) and Budget Committee Democrats, led by Sen. Bernie Sanders (I-Vt.), have reached a deal on a $3.5 trillion price tag for a Democratic-only infrastructure package. Schumer, emerging from an hours-long meeting with Budget Committee Democrats, said they had reached a deal on the budget resolution - which greenlights reconciliation, the process Democrats will use to bypass a GOP filibuster on the infrastructure bill - including a $3.5 trillion top-line figure. President Biden is going to meet with Senate Democrats on Wednesday as Democrats work to lock down support for the deal.

Democrats Reach Deal On $3 5T Go-It-Alone Infrastructure Bill

Democrats Reach Deal On $3.5T Go-It-Alone Infrastructure Bill By IBTimes Staff Reporter on July 14 2021 12:09 PM US Senate Majority Leader Chuck Schumer says former president Donald Trump s false claim that the 2020 election was stolen is spreading like a cancer among Republicans AFP / SAUL LOEB Senate Democrats have agreed on a top-line price tag of $3.5 trillion for a Democratic-only infrastructure package.  The budget committee has come to an agreement. The budget resolution with instructions will be $3.5 trillion, Senate Majority Leader Charles Schumer, D-N.Y., said late Tuesday after a meeting with the Budget Committee democrats led by Sen. Bernie Sanders, I-Vt.  The deal greenlights the reconciliation process that will allow Democrats to advance the sweeping social welfare and family aid programs that President Biden has promised, sidestepping a GOP filibuster. 

Democrats Agree On $3 5T Tag For Go-It-Alone Infrastructure Bill

Democrats Agree On $3.5T Tag For Go-It-Alone Infrastructure Bill By IBTimes Staff Reporter 07/13/21 AT 10:09 PM US Senate Majority Leader Chuck Schumer says former president Donald Trump s false claim that the 2020 election was stolen is spreading like a cancer among Republicans Photo: AFP / SAUL LOEB KEY POINTS It is not clear if all Dem senators support the deal Deal would prohibit raising taxes on individuals earning less than $400k: Report Senate Democrats have agreed on a top-line price tag of $3.5 trillion for a Democrat-only infrastructure package.  The budget committee has come to an agreement. The budget resolution with instructions will be $3.5 trillion, Senate Majority Leader Charles Schumer, D-N.Y., said late Tuesday after a meeting with Budget Committee Democrats led by Sen. Bernie Sanders, I-Vt. 

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