A Win for Roads, and No Tax Hikes: Infrastructure Deal Takeaways
- Roadwork gets lion’s share of proposed $579 billion plan
- Climate spending falls short of what environmentalists want
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The infrastructure agreement announced Thursday by the White House and a bipartisan group of senators carves out $579 billion of common ground from the $2.25 trillion American Jobs Plan unveiled in March by President Joe Biden.
While the latest deal falls far short of what the White House and progressives want to see in a broader economic agenda, most of the remaining priorities -- including spending related to the environment, child care and elder care -- may move through Congress in the legislative vehicle of budget reconciliation. That will let Democrats bypass Republican support, assuming the party remains unified in its thin majorities.