Show an ad over header. AMP

I am the FIRST

White House, bipartisan group agree on infrastructure framework

The White House and a bipartisan group of senators struck a tentative deal on Wednesday for the framework of a roughly $1.2 trillion infrastructure package, Senate aides familiar with the negotiations told Axios.

What's next: The Senate group will brief President Biden at the White House on Thursday, though some details still need to be ironed out, the aides said.


  • The tentative agreement comes after a series of meetings on Capitol Hill this week between the Senate group and White House Counselor Steve Ricchetti, National Economic Council Director Brian Deese and Legislative Affairs Director Louisa Terrell.

By the numbers:

  • $1.2 trillion over eight years, or $974 billion over five years
  • $579 billion in new spending
  • Package is fully paid-for

What they're saying: “White House senior staff had two productive meetings today with the bipartisan group of senators who have been negotiating about infrastructure,” White House press secretary Jen Psaki said in a statement.

  • “The group made progress toward an outline of a potential agreement, and the president has invited the group to come to the White House (Thursday) to discuss this in-person.”
  • "There’s a framework of agreement on a bipartisan infrastructure package,” Sen. Susan Collins (R-Maine) told reporters as she left the meeting Wednesday night.
  • "Republicans and Democrats have come together along with the White House, we’ve agreed on the framework and we're going to be heading to the White tomorrow," Sen. Mitt Romney (R-Utah) told CNN's Manu Raju.

Tech companies' money shields them from antitrust action

The tech industry's leading giants are floating on a cushion of record profits in lakes of reserve cash, and all that money makes them just about unsinkable.

Driving the news: Tech's big five — Google, Apple, Amazon, Facebook and Microsoft — all report their earnings between Tuesday and Thursday this week. Recent quarters have delivered blowout results for these companies, and many observers expect the same again.

Keep reading... Show less

Vaccine mandates are suddenly much more popular

State governments, private businesses and even part of the federal government are suddenly embracing mandatory coronavirus vaccinations for their employees.

Why it matters: Vaccine mandates have been relatively uncommon in the U.S. But with vaccination rates stagnating and the Delta variant driving yet another wave of cases, there's been a new groundswell of support for such requirements.

Keep reading... Show less

American Carissa Moore wins first-ever women's Olympic gold in surfing

Team USA's Carissa Moore won gold in the first-ever Olympic women's surfing final, at the Tokyo Games on Tuesday.

The big picture: Brazil's Italo Ferreira won the gold medal in the inaugural men's Olympic surfing contest. The finals were brought forward a day due to the threat of Tropical Storm Nepartak.

Editor's note: This a breaking news story. Please check back for updates.

Activist Tong Ying-kit found guilty of terrorism in first Hong Kong security law trial

Tong Ying-kit, the first person to be charged and tried under Hong Kong's national security law was found guilty of terrorism and inciting secession by three judges Tuesday, per Bloomberg.

Editor's note: This a breaking news story. Please check back for updates.

Naomi Osaka eliminated from Olympic tennis tournament in Tokyo

Tennis superstar Naomi Osaka was eliminated from the Olympics after losing her Tokyo tennis tournament match 6-1, 6-4 in the third round to Czech Marketa Vondrousova on Tuesday.

Editor's note: This a breaking news story. Please check back for updates.

Extreme drought pushes 2 major U.S. lakes to historic lows

Two significant U.S. lakes, one of which is a major reservoir, are experiencing historic lows amid a drought that scientists have linked to climate change.

What's happening: Lake Powell, the second largest reservoir in the U.S., has fallen 3,554 feet in elevation, leaving the crucial reservoir on the Colorado River, at 33% capacity — the lowest since it was filled over half a century ago, new U.S. Bureau of Reclamation data shows.

Keep reading... Show less

North and South Korea restart hotline and pledge to improve ties

North and South Korea's leaders have pledged to improve relations and resumed previously suspended communication channels between the two countries, per Reuters.

Details: South Korean President Moon Jae-in and North Korean leader Kim Jong-un agreed to "restore mutual confidence and develop their relationships again as soon as possible," South Korea's Blue House spokesperson Park Soo Hyun said in a televised briefing, AP notes.

  • This followed an exchange of letters between the two leaders since April.

Go deeper: Kim Jong Un says prepare for "dialogue and confrontation" with U.S.

Editor's note: This a breaking news story. Please check back for updates.

U.S. teen Lydia Jacoby wins Olympic gold medal in 100m breaststroke at Tokyo Games

Team USA's 17-year-old swimmer Lydia Jacoby has won the Olympic gold medal in the women's 100-meter breaststroke at the Tokyo Games.

Of note: The Alaskan is the first American woman to win an Olympic gold medal in Tokyo, and she beat Lilly King into second place.

Editor's note: This a breaking news story. Please check back for updates.

Insights

mail-copy

Get Goodhumans in your inbox

Most Read

More Stories