Billions each year would be allocated to grants to remove lead-contaminated pipes in the nation’s schools.
The legislation directs funding toward an expansive backlog of needed repairs and aims to shore up infrastructure to withstand climate change.
Senator Chuck Schumer, Democrat of New York and the majority leader, unveiled a 2,702-page, $1 trillion bill to improve the nation’s infrastructure after lawmakers held a rare weekend session. Democratic leaders want to vote on the bill before the August recess.
The legislation contains what could be the largest investment in climate resilience in American history.
Democratic leaders say the Senate will vote on the $1 trillion infrastructure bill and a $3.5 trillion budget blueprint before leaving Washington for the August recess.
Suspicion and skepticism among lawmakers complicates deal-making.
A provision in the Senate legislation would give the I.R.S. more power to scrutinize a largely unregulated corner of finance.
An Ohio Republican who is retiring after decades in Washington has teamed with an Arizona Democrat in her first term to try to secure an agreement on one of President Biden’s top priorities.
The $1 trillion compromise bill worked out this week in the Senate includes billions of dollars for subways, buses and railroads in the metropolitan area.
The early success of the deal vindicated the president’s faith in bipartisanship. If he can keep it on track, it will help affirm the rationale for his presidency.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.