Bipartisan Group of Senators Reaches Tentative Agreement on Infrastructure Deal to Present to Biden

A bipartisan group of 10 U.S. senators says they agree on a "framework" for a deal on an infrastructure package, but the members did not release any details and top leaders from both parties have been mostly silent on the development.

According to two sources familiar with the negotiations, the agreement is focused on "core, physical infrastructure." The proposal would cost $1.2 trillion over eight years and include $579 billion in new spending.

The plan would not have any tax hikes, and aides did not provide any further details on...

A bipartisan group of senators announced on Thursday that they had reached an agreement on a framework to invest in the nation’s aging public works system, racing to prove that a compromise was feasible despite deep divisions over how to structure and finance an infrastructure package.

The announcement came after a dizzying day on Capitol Hill, where senators involved in the bipartisan discussions offered conflicting assessments of their progress and declined to comment on specific proposals. But by early evening, five Democrats and five Republicans issued a joint statement announcing...