The White House has announced a “potential agreement” on infrastructure talks

The White House has said a “potential deal” is available with negotiators from both sides of Congress on an infrastructure investment package that is expected to raise $ 1 million in a move that could advance a key piece of President Joe Biden’s economic agenda.

After talks between top officials in the Biden administration and groups of Democrat and Republican centrist senators on Capitol Hill, White House press secretary Jen Psaki said late Wednesday that the deal could be made available.

“Senior White House staff have had two productive meetings today with a group of bipartisan senators who have been negotiating over infrastructure,” Psaki said. “The group has made progress in reaching an outline of a potential deal, and the president has invited the group to come to the White House tomorrow to discuss this personally.”

The agreement under discussion would encourage funding for physicists infrastructure including roads, bridges and broadband networks, but they would fall far short of the broader $ 2.3 million infrastructure plan presented by Biden in late March.

Republicans have refused to pay this in raising corporate taxes as proposed by the White House, so any agreement is expected to be based on redistributing unused pandemic stimulus funds and other sources of revenue to cover costs. The final details are uncertain, however.

Even if the agreement between the moderate senators and the White House is finalized, it may have difficulty gaining approval in Congress. The leadership of both parties should agree to address the problems of Republicans against any new spending and the Republicans who believe it is not enough to address the aging problems of the old American infrastructure.