U.S. Senate Budget panel Democrats reach agreement on $3.5 trillion infrastructure plan

U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters following the weekly Senate lunch at the U.S. Capitol in Washington
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters following the weekly Senate lunch at the U.S. Capitol in Washington, U.S., July 13, 2021. REUTERS/Elizabeth Frantz

July 14, 2021

WASHINGTON (Reuters) – Democrats on the U.S. Senate Budget Committee reached an agreement on a $3.5 trillion infrastructure investment plan that they aim to include in a budget resolution to be debated later this summer, Senate Majority Leader Chuck Schumer announced late on Tuesday.

“We have come to an agreement,” Schumer told reporters after more than two hours of closed-door talks by committee Democrats and White House officials.

“You add that to that the $600 billion in a bipartisan plan and you get to $4.1 trillion, which is very, very close to what President Biden has asked us for,” Schumer said.

(Reporting by Richard Cowan; Editing by Himani Sarkar)