10 things you need to know today: June 24, 2021

Senators announce a $1 trillion bipartisan infrastructure deal, Biden unveils a plan to curb rising gun violence, and more

Pelosi and Schumer
(Image credit: Samuel Corum/Getty Images)

1. Senators announce bipartisan infrastructure deal

A bipartisan group of senators said Wednesday they had reached a tentative compromise infrastructure deal ahead of a scheduled meeting with President Biden at the White House. Biden originally asked for a $2.3 trillion infrastructure package, but his latest proposal was for $1.7 trillion. The senators are suggesting a roughly $1 trillion plan that would include road, highway, bridge, and other traditional infrastructure work, including $579 billion in new spending. The group met with House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Chuck Schumer (D-N.Y.) to discuss the blueprint. "We're very excited about the prospect of a bipartisan agreement," Pelosi said. Republicans objected to Biden's plan to pay for the legislation by raising corporate taxes, and Biden rejected a GOP proposal to raise gas taxes.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.