Compromise price tag is $928 billion.
The president’s package on infrastructure, which has a cost of $1.7 trillion and goes beyond the scope of “traditional” infrastructure, has been waiting for action in the Senate. Members of the Senate announced a $928 billion counteroffer in an attempt to resume stalled negotiations ahead of Memorial Day. Legislators believe real progress must be made if an accord is to be reached between the two parties.
Money for the counteroffer would come from unspent funds initially designated for COVID-19 relief. “It’s a serious effort to try to reach a bipartisan agreement,” Senator Shelley Moore Capito of West Virginia and top infrastructure negotiator said Thursday. “We are hoping this moves the ball forward.”
The White House has not yet responded to the counteroffer.
As the Lord Leads, Pray with Us…
- For the Senate to arrive at a measure that repairs and improves America’s infrastructure.
- For the president and his advisors as they assess the compromise offered.
Sources: Washington Examiner, The Hill
