• By The Financial District

U.S. Senators Confident $1-Trillion Infra Bill Will Be Filed Sunday

A key Republican and Democrat involved in negotiating a roughly $1 trillion bipartisan infrastructure deal that will fulfill key priorities in President Joe Biden's agenda say they expect the bill text will be finalized and introduced in the Senate on Sunday and that the chamber could move to approve it as early as this week.

Photo Insert: GOP Senator Susan Collins of Maine

"That certainly is my expectation and my hope," Maine Sen. Susan Collins, a Republican, told CNN's Jake Tapper on "State of the Union" on Sunday.

"We're going into the session today at 12 (noon), and I think we will be able to lay down the bill later today and begin perhaps consideration of some amendments. My hope is that we'll finish the bill by the end of the week," Chandelis Duster reported for CNN.

Collins also said she believes the bill will have the crucial support of at least 10 Senate Republicans needed to pass. West Virginia Sen. Joe Manchin, a Democrat, was also optimistic in the bill's timeline, telling Tapper in a separate interview: "I think you'll see text today and by this evening. Hopefully, we can start our amendment process tomorrow. Should finish up Thursday."

The Senate is racing to pass the bipartisan deal before leaving for the fast-approaching August recess, which is scheduled to start at the end of the week though leaders in the chamber could change that.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Last week, negotiators announced they had reached a deal that includes $550 billion in new federal investments in America's infrastructure over five years.

According to a 57-page summary of the plan's elements obtained by CNN, it includes investing $110 billion for roads, bridges, and major infrastructure projects, $39 billion to modernize public transit like buses and improve accessibility for the elderly and the disabled, and a $65 billion investment in improving broadband internet access. It also provides $73 billion for the improvement of the nation's power structure.


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