BREAKING NEWS: Agreement Reached on Fixing Roads and Bridges

Democratic Congressional leaders say they have reached an agreement with President Trump to spend $2 trillion on infrastructure.

A2F482D3-233C-4C5E-94B0433B077C6302.jpg
A2F482D3-233C-4C5E-94B0433B077C6302.jpg

Democratic Congressional leaders say they have reached an agreement with President Trump to spend $2 trillion on infrastructure. Congressional leaders met with the President at the White House on Tuesday.

Senate Minority Leader Chuck Schumer of New York called the dollar amount a “very good thing”. He said the President pushed off tough questions about where that money will come from.

Schumer says fellow Democrats told the President the group needs his ideas on funding.

House Speaker Nancy Pelosi added that the eventual agreement “will be big and it will be bold”.

Pelosi says they’ve agreed to meet again to discuss how to pay for repairing roads, bridges and other infrastructure around the country.

The nation’s top business groups and labor unions have supported a plan to increase the federal tax, currently 18.3 cents a gallon since it was last raised in 1993.

This is a developing story. Keep watching AgDay on air and online for the latest.

AgWeb-Logo crop
Related Stories
Matt and Janna Splitter grew their farm by investing in people. Now the test is whether the farm can run without them — and which acres are worth keeping.
New tax rules could let farmers who sell land defer, reduce and even wipe out capital gains tax starting Jan. 1, 2027.
Vision without a written plan is just a daydream. Here’s why putting your goals on paper, and doing the math, changes everything.
Read Next
Ken Ferrie walks through the problems plaguing this year’s corn crop and shares his strategy for salvaging yield and protecting grain quality in storage.
Get News Daily
Get Market Alerts
Get News & Markets App