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How would the U.S. pay for the bipartisan infrastructure deal?

How would the U.S. pay for the bipartisan infrastructure deal?

CBSN
Friday, June 25, 2021 03:31:43 PM UTC

President Joe Biden and a bipartisan group of senators have reached an agreement to significantly boost infrastructure spending, though considerable hurdles remain before the blueprint unveiled Thursday becomes reality.

The White House says the agreement calls for about $579 billion in new spending over the next five years for roads, bridges, public transit and other public works. Add to that what the federal government is currently projected to spend on those items, and the total comes to about $973 billion over five years. Here's a look at where those dollars would go and what changes lawmakers would make to pay for the new spending.
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