U.S. Senate Democrats agree to $3.5 trln for budget reconciliation bill

U.S. President Joe Biden's drive for big new infrastructure investment got a boost on Tuesday when leading Senate Democrats agreed on a $3.5 trillion investment plan they aim to include in a budget resolution to be debated soon, Senate Majority Leader Chuck Schumer said.

"We have come to an agreement," Schumer told reporters after more than two hours of closed-door talks that included Senate Budget Committee Democrats and White House officials. Republicans have not been part of these negotiations.

"You add that to the $600 billion in a bipartisan plan...