Senate Dems settle on $3.5 trillion for major reconciliation bill

A group of Senate Democrats announced late Tuesday they had reached a tentative agreement on a massive spending plan worth $3.5 trillion over the next decade.

The budget resolution, which Democrats will attempt to ram through the Senate with 51 votes via the parliamentary maneuver of reconciliation, is expected to be paired with a bipartisan infrastructure bill worth $1.2 trillion over eight years. “The [Senate] Budget Committee has come to an agreement,” Senate Majority Leader Chuck Schumer (D-NY) told reporters. “The budget resolution with instructions will be $3.5 trillion. Every major program that President Biden has asked us for is funded in a robust way.”