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After Months Of Work, Senators Unveil $1 Trillion Infrastructure Bill

"WASHINGTON - U.S. senators introduced a sweeping $1-trillion bipartisan plan to invest in roads, bridges, ports, high-speed internet and other infrastructure, with some predicting the chamber could pass this week the largest public works legislation in decades.

The massive infrastructure package, a goal that has eluded Congress for years, is a top legislative priority for Democratic President Joe Biden, who billed it on Sunday as the largest such investment in a century.

Senators said the 2,702-page bill included $550 billion in new spending over five years for items such as roads, rail, electric vehicle charging stations and replacing lead water pipes on top of $450 billion in previously approved funds.

"I believe we can quickly process relevant amendments and pass this bill in days," Senate Majority Leader Chuck Schumer, a New York Democrat, said of the legislation after it was announced by a bipartisan group of senators."

David Morgan and Richard Cowan report for Reuters August 1, 2021.

SEE ALSO:

"It’s In - And Big: Senators Produce $1T Infrastructure Bill" (AP)

"Senate Introduces Text Of Bipartisan Infrastructure Package" (NBC News)

"Senate Negotiators Finalize Bipartisan Infrastructure Bill" (Politico)

"Senate Finishing Crafting $1 Trillion Bipartisan Infrastructure Proposal, Setting Delicate Debate In Motion" (Washington Post)

"Negotiators Finalize Text Of Infrastructure Package" (E&E News)

Source: Reuters, 08/02/2021