The package will include massive spending for roads, rail, bridges, and other critical areas
The legislation was supposed to be released over the weekend, but last-minute negotiations caused a delay.
However, Schumer says a resolution is “imminent” and he expects the matter to be finalised within a couple of days.
The bill has been gaining momentum for months
This comes after months of lobbying. Early last month, the caucus said it “strongly supports” the Senate infrastructure bill.
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.