10 things you need to know today: June 25, 2021

Biden and senators reach bipartisan infrastructure deal, search for survivors continues after Florida condo collapse, and more

Joe Biden
(Image credit: Kevin Dietsch/Getty Images)

1. Biden and senators reach bipartisan infrastructure deal

President Biden announced Thursday that he and a bipartisan group of senators agreed to an infrastructure package costing $973 billion over five years and $1.2 trillion over eight years. The deal includes money for traditional infrastructure projects such as roads, bridges, tunnels, rail, and broadband, with $579 billion in new spending. "This agreement signals to the world that we can function, deliver and do significant things," Biden, who had pitched a $1.7 trillion infrastructure package, said at the White House after meeting with the senators. Biden said "neither side got everything they wanted in this deal; that's what it means to compromise." He said other White House priorities would be addressed separately in a congressional budget process known as reconciliation, letting Democrats approve some spending without Republican votes.

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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.