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Thu Jun 10, 2021, 07:25 PM

Bipartisan group of U.S. senators says has deal on infrastructure framework

A bipartisan group of 10 U.S. senators said on Thursday they had reached agreement on a framework for a proposed infrastructure bill that would not include any tax increases.

In a statement, the group of five Republicans and five Democrats said they were discussing their approach with their colleagues and the Biden White House, and were optimistic about getting broad support.

"Our group ... has worked in good faith and reached a bipartisan agreement on a realistic, compromise framework to modernize our nation's infrastructure and energy technologies," the statement said. "This investment would be fully paid for and not include tax increases."

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

Democratic U.S. Senate Majority Leader Chuck Schumer said earlier on Thursday he was open to considering a bipartisan infrastructure bill, but wanted to see it in writing - and added he might also push for a follow-up measure that had only his party's support.

https://www.reuters.com/world/us/senate-republican-leader-mcconnell-new-infrastructure-plan-collins-2021-06-10/

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Reply Bipartisan group of U.S. senators says has deal on infrastructure framework (Original post)
Klaralven Jun 10 OP
WarGamer Jun 10 #1
ShazamIam Jun 10 #2
Tomconroy Jun 10 #3

Response to Klaralven (Original post)

Thu Jun 10, 2021, 07:29 PM

1. no new taxes... smdh

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Response to Klaralven (Original post)

Thu Jun 10, 2021, 07:52 PM

2. Republicans just want to make sure the money goes to their supporting contractors and privatized

government guaranteed incomes, like for profit prisons, they will want to rent those prisoners out for some of the work.

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Response to Klaralven (Original post)

Thu Jun 10, 2021, 08:37 PM

3. It might be a good idea to accept a smaller

Infrastructure bill and use the last shot at reconciliation to raise corporate taxes, among other things.

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