Biden OKs $1.2T bipartisan infrastructure bill with senators
Agreement for $579B in additional spending over 5 yrs
resident Joe Biden and a bipartisan group of senators have agreed on a $1.2 trillion package of infrastructure spending on roads, bridges and public transit systems as well as electric buses, public water systems, power grids and other public works.
The deal was announced last week after a meeting between the president and 21 senators--11 Republicans and 10 Democrats.
It includes about $600 billion in additional spending over the next five years. The White House said in a Fact Sheet that along with the usual baseline spending the package would allocate $973 billion over five years and $1.21 trillion over eight years.
Most of the money is expected to be channeled to state and local governments,...more....
