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    Home ยป US Senate Approves Bipartisan Infrastructure Bill as Democrats Pushes on Huge Economic Agenda
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    US Senate Approves Bipartisan Infrastructure Bill as Democrats Pushes on Huge Economic Agenda

    July 30, 20211 Min Read
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    The US Senate voted Wednesday to advance a bipartisan infrastructure plan, a critical step towards passing their expansive economic agenda.

    • Senators voted 67-32 in favor of the bill; 17 Republicans and all 50 Democrats voted in support of the bill.  The vote initiates the process to debate and make changes to the proposal, which would provide $550 billion into transportation, broadband and utilities.
    • The deal came together earlier in the day after Democratic and Republican negotiators agreed on transit and broadband funding, among other issues.
    • The plan was cut from the $579 billion in new spending US senators and the White House agreed to last month, a figure many Democrats considered small.
    • Proponents of the bill have praised it as a necessary investment that will boost the US economy as the nation tries to emerge from the Covid-19 pandemic.

    Democratic Senate Schumer aims to pass both the bipartisan bill and the budget resolution that sets up the reconciliation process before the Senate leaves for its recess next month.

    Source: CNBC.

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