U.S. Senate in a rare Saturday session on a $1 trillion infrastructure bill (CNBC)

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    U.S. Senate in a rare Saturday session on a $1 trillion infrastructure bill – By Reuters (CNBC) / July 31 2021

    • The U.S. Senate in a rare Saturday session worked on a bill that would spend $1 trillion on roads, rail lines and other infrastructure.
    • So far no lawmakers have seen the final text of the bill, which includes about $550 billion in new spending and was still being written on Saturday.
    • Earlier votes were for a shell bill that the actual legislation will be added to once it is complete.

    The U.S. Senate in a rare Saturday session worked on a bill that would spend $1 trillion on roads, rail lines and other infrastructure, as lawmakers from both parties sought to advance President Joe Biden’s top legislative priority.

    The ambitious plan has the backing of Democrats and Republicans alike and has already cleared two hurdles by broad margins in the closely divided Senate.

    But so far no lawmakers have seen the final text of the bill, which includes about $550 billion in new spending and was still being written on Saturday. Earlier votes were for a shell bill that the actual legislation will be added to once it is complete.

    “Once the bipartisan group completes the legislative text, I will offer it as a substitute amendment,” top Senate Democrat Chuck Schumer said on Saturday.

    CONTINUE > https://www.cnbc.com/2021/07/31/us-senate-in-a-rare-saturday-session-on-a-1-trillion-infrastructure-bill.html

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