Senate Passes $550 Billion Infrastructure Plan in Biden Win (1)

The Senate passed a $550 billion infrastructure plan that would represent the biggest burst of spending on U.S. public works in decades, sending the legislation to the House where its fate is in the hands of the fractious Democratic caucus.

The bipartisan 69-30 vote Tuesday marked a significant victory for President Joe Biden’s economic agenda. It was a breakthrough that has eluded Congress and presidents for years, despite both parties calling infrastructure a priority and an issue ripe for compromise.

WATCH: Mohamed El-Erian says markets priced in the infrastructure bill.

Source: Bloomberg)

“America, this is how we truly build back better,” Biden said Tuesday at the White House. “This bill ...