Democratic members of the US Senate agree on investment plan

Democratic members of the US Senate agree on investment plan


Leading Democrats in the US Senate have reached consensus on a $3.5 trillion investment plan they aim to include in the upcoming budget bill.

Another step has been taken to achieve the big new infrastructure investment that US President Joe Biden wanted.

Compromise has been reached

“We’ve reached an agreement,” Senate Majority Leader Chuck Schumer told reporters after more than two hours of talks, attended by Democratic members of the US Senate Budget Committee.

Republicans did not take part in these talks.

TWO-STAGE PLAN

Democrats are trying to reach Biden’s infrastructure proposal in two stages. The infrastructure plan, on which representatives of the two parties are working with a size of $ 1.2 trillion, will focus on investments such as roads and bridges.

The $3.5 trillion investment plan will focus on home care for the elderly and children, climate change and other non-traditional “human infrastructure” spending.

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