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Biden’s big-spending infrastructure bill gains momentum

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US President Joe Biden has struck a deal to move forward with a bipartisan infrastructure bill. Now, the Problem Solvers Caucus has announced it will also back the framework

The Caucus says it “strongly supports” the Senate infrastructure bill. The package is also closely aligned with last month’s ‘Building Bridges’ proposal.

The group of 58 lawmakers has equal numbers of Democratic and Republican leaders.

Their support follows a challenging few months for the Biden Administration in getting this package off the ground.

Biden’s bipartisan proposal for an infrastructure bill includes $579 billion in funding over the next five years and a total of $1.2 trillion over the next eight years. 

It will draw on funds acquired from the strengthening of tax laws and leftover money from the coronavirus relief package. 

Big-spending from the White House

Meanwhile, as democratic lawmakers push to pass a bill through the budget reconciliation process in July, the White House says they’re on track.

President Joe Biden has also addressed the media, applauding his country’s efforts in moving towards economic growth in a post-covid world.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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