Senate passes trillion dollar infrastructure bill

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Friday, December 09, 2022 - 21:07
Point Trader Group

The US Senate passed a bipartisan $1 trillion infrastructure plan on Tuesday, a big step for Democrats as they try to advance President Joe Biden's overall economic agenda through Congress.

The legislation, which includes $550 billion in new funding for transportation, broadband and utilities, won Democrats and Republicans votes.

Senate Majority Leader Chuck Schumer, Democrat of New York, then plans to move to a budget resolution that would allow Democrats to approve what they see as a $3.5 trillion supplemental spending plan without Republican votes.


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