Senators Finally Unveil $1T Bipartisan Infrastructure Bill Expected to Pass This Week

After weeks of delay, senators unveiled a $1.2 trillion bipartisan infrastructure bill Sunday evening after a group of negotiators worked through the weekend to wrap up the final text of their deal.

Senate Majority Leader Chuck Schumer announced the Bipartisan Investment and Jobs Act, a 2,702-page bill that includes $550 billion in new spending, on the chamber floor during a rare Sunday session.

"The bipartisan group of senators has finished writing the text of the infrastructure bill," said the New York Democrat. "In a moment I'll take the procedural steps to make their legislative language the base of the bill here on the floor."

The graphic below, provided by Statista, shows the average age of U.S. infrastructure using data from the American Society of Civil Engineers and the U.S. Army Corps of Engineers.

U.S. infrastructure age - Statista

Senators have predicted that the legislation will pass through the chamber by the end of this week before it heads to the House, where its fate is still foggy. Senator Susan Collins, a Maine Republican, told CNN that she expects it will clear the 60-vote hurdle with at least 10 GOP members voting with Democrats to ensure its passage.

Schumer said Sunday that he expects that the bill will pass through the chamber quickly. "Given how bipartisan the bill is, and how much work has already been put in to get the details right, I believe the Senate can quickly process relevant amendments and pass this bill in a matter of days," he said.

Major investments in the bipartisan legislation include $110 billion for roads and bridges, $66 billion for passenger and freight rail, $55 billion for water infrastructure, $66 billion to expand broadband access, $55 billion for water infrastructure and $39 billion for public transport.

The 22 senators involved in negotiating the package that's key to President Joe Biden's agenda stood up Sunday night on the chamber floor to mark its completion.

"We know that this has been a long and sometimes difficult process, but we are proud this evening to announce this legislation and we look forward very much to working with our colleagues in a collaborative and open way over the coming days to work through this historic investment in infrastructure," said Senator Kyrsten Sinema, a lead Democratic negotiator.

Senator Rob Portman, a lead Republican negotiator, lauded the legislation and the lawmakers who were able to conclude last-minute tweaks over the weekend. "Getting it right tonight for the American people, for our economy and for the future of our great country," he said.

Ahead of its public release, Biden on Sunday called the deal "the most important investment in public transit in American history and the most important investment in rail since the creation of Amtrak 50 years ago." The White House has estimated that the plan would create about 2 million jobs a year on average over the next decade.

Schumer's office told Newsweek Saturday that "upon completion of the bipartisan infrastructure bill, the Senate will turn to the budget resolution with reconciliation instructions."

House Speaker Nancy Pelosi said last week that the House won't vote on the bipartisan package without a larger, Democrat-only plan," drawing criticism from Republicans who oppose linking the two bills.

Portman, Sinema bipartisan infrastructure deal finalized
U.S. Sen. Rob Portman (R-OH) and Sen. Kyrsten Sinema (D-AZ) speak during a news conference after a procedural vote for the bipartisan infrastructure framework July 28, 2021 on Capitol Hill in Washington, DC. Alex Wong/Getty Images

Update 8/2/21, 4:25 a.m. ET: This article was updated to include an infographic.