Bloomberg Tax
June 17, 2021, 4:59 PM

Bipartisan Infrastructure Plan Gains Support, Boosting Odds (2)

Erik Wasson
Erik Wasson
Bloomberg News
Laura Litvan
Laura Litvan
Bloomberg News

Prospects for a bipartisan deal on the biggest infrastructure package in decades improved on Wednesday as 21 senators, including 11 Republicans, signed onto a bipartisan framework for a $579 billion package.

Such legislation would still need support from nearly all 50 Democrats in the chamber unless more Republicans sign on, and it includes a funding mechanism -- indexing the national gasoline tax to inflation -- that the White House has opposed.

There are a “lot of preconditions” from Republicans and Democrats both, so getting an overall deal “will be a challenge,” Democratic Senator Mark Warner of Virginia, a member of ...

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