The White House and a bipartisan group of Senators reached an agreement on infrastructure. The $1.2 trillion deal is less than the $2.3 trillion President Biden initially proposed. Roads, bridges, broadband and electric vehicles are included in the framework agreement. Biden talked about the deal following a meeting at the White House. “Neither side got everything they wanted.” More details need to be developed. As that happens, American Soybean Association President Kevin Scott, who farms in South Dakota, said ASA will be working to advance this infrastructure investment without imposing a tax burden on farmers. The White House said this infrastructure framework will be financed through closing tax gaps, redirecting unspent emergency relief funds, corporate user fees and the macroeconomic impact of infrastructure investment.
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