$1.2 Trillion Manchin-Backed Infrastructure Plan Reached By Bipartisan Group Of Senators | WHAT REALLY HAPPENED

$1.2 Trillion Manchin-Backed Infrastructure Plan Reached By Bipartisan Group Of Senators

Update (1900ET): The bipartisan group has agreed to pitch a $1.2 trillion eight-year infrastructure spending package to the Biden administration, according to Bloomberg, citing an anonymous source familiar with the deliberations.

The proposal is notably backed by Sen. Joe Manchin (D-WV), and calls for $579 billion in net new spending "beyond outlays that Congress was already expected to enact."

After talks between President Joe Biden and Sen. Shelly Moore Capito (R-WV) broke down earlier this week, a bipartisan group of 10 senators led by Mitt Romney (R-UT) say they've reached a tentative deal on the the size of an infrastructure deal, as well as how they'd pay for it.

The deal would spend a fraction of the $4.1 trillion called for by President Biden, and would not require an increase in taxes, according to The Hill, which suggests it may be a "tough sell within the broader Senate Democratic caucus."

That said, members of the bipartisan group warned on Thursday that they still need to run it past the Senate GOP conference and the White House to see if there's a broader buy-in.

"We have a tentative agreement on the pay-fors, yes, but that’s among the five Democrats and the five Republicans. It has not been taken to our respective caucuses or the White House so we’re in the middle of the process. We’re not at the end of the process, not at the beginning but we’re in the middle," said Romney, who added that an overall top-line spending number has also been tentatively agreed upon.

"I believe it’s complete but others may have a different point of view."

Republican Sen. Susan Collins of Maine confirmed that a tentative deal exists, and called it a "significant" sign of progress.

Webmaster's Commentary: 

What about accountability for the billions we've already spent in taxes the Federal Government has blown through in horrific and stupid over-reach to date?!?

I would really love some accurate numbers on that, thank you very much!!

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