A bipartisan group of senators finished writing the text of a bill about infrastructure. They are going to show what they wrote to the people in Congress. They will show it so that people can vote on it.
Schumer submitted as the substitute amendment for the bipartisan infrastructure bill. This allows the Senate to start on what could be a long process of amending the bill. Schumer said on the floor that because this is a bipartisan bill, he believes that “the Senate can quickly amend it and pass it within days.”
After announcing that the bipartisan infrastructure bill text had been finalized, Schumer said this was hard and he was happy.
Congress has not passed a significant investment like this in decades. I would like to thank all of the people who worked hard on it.
More than half of the bill is for new funding that will be spent over five years. It will invest $73 billion in rebuilding the electric grid and $66 billion on rail. It also invests $65 billion to expand broadband Internet, $55 billion in water infrastructure, and $40 billion to make bridges modern.
Schumer wants to pass an infrastructure bill that is bipartisan and a budget resolution before the August recess.
“It is necessary to have a bipartisan infrastructure bill. It will not be enough because many of us want more.” That’s why Democrats are going to push for a budget resolution that will allow the Senate to make investments that are important and historic.
Members of the bipartisan group spoke on the Senate floor before they announced their vote.
“We know this has been a long and sometimes difficult process, but we are happy tonight to announce this legislation.” said Arizona Democratic Senator Kyrsten Sinema. She was one of the people who negotiated it.
This process of starting from the centre out has worked. Sen. Rob Portman, a Republican from Ohio and another key negotiator, added: “This process of starting from the center out has worked.”
The group has been working on this legislation for a long time. A deal was reached last week on the major issues between Democrats and Republicans on the $1.2 trillion infrastructure proposal.