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Photo: Al Drago/Bloomberg via Getty Images

President Biden on Saturday hailed the passage of the $1.2 trillion bipartisan infrastructure bill as a "once-in-a-generation investment" that will create "millions of jobs" and "modernize our infrastructure."

The big picture: The bill's passage is a major win for the president after months of Democratic party infighting and negotiations.

  • "Finally, infrastructure week," Biden said at the White House. "I’m so happy to say that — infrastructure week!"
  • Flashback: The phrase, "infrastructure week," had become a Washington punchline, especially during Donald Trump's presidency after repeated attempts to focus on infrastructure were derailed or fizzled out, Reuters notes.

What he's saying: "Yesterday, we took a monumental step forward as a nation," Biden said, citing the growing job market, declining unemployment rate and the infrastructure bill. "And we're just getting started."

  • "In an economy that's changing so rapidly, this bill is for you," Biden added. "There will be jobs in every part of the country — red states, blue states, cities, small towns, rural communities, traveler communities."
  • "They want us to deliver, they want us to deliver. Democrats, they want us to deliver. Last night, we proved we can," Biden said.

What's next: Biden said that he would have a signing ceremony soon, before turning his attention toward the Build Back Better social spending package.

Go deeper: The infrastructure Republicans

Go deeper

Weekly jobless claims fall to lowest level since 1969

Photo: Joe Raedle/Getty Images

Approximately 199,000 Americans filed initial claims for unemployment insurance‌ last‌ week, a 71,000 decrease from the week before.

Why it matters: The Labor Department said Wednesday it was the lowest level of initial claims since Nov. 15, 1969, when claims reached 197,000.

Storms pummel flood-hit Pacific Northwest as border river overflows

An image of the water-logged Sumas Prairie area taken last Friday. Photo: B.C. Ministry of Transportation/Twitter.

The latest ferocious storm system to hit the Pacific Northwest triggered fresh evacuation orders and at least one mudslide in flood-ravaged British Columbia, Canada, late Sunday.

Threat level: Flood sirens sounded in Washington state as the Nooksack River overflowed. Henry Braun, mayor of Abbotsford, B.C., told reporters the water flow was headed toward the Canadian border city later Sunday. "There's nothing to stop it," he said.

Updated 5 hours ago - Health

First North American Omicron cases identified in Canada

COVID-19 testing personnel at Toronto Pearson International Airport in September. Photo: Steve Russell/Toronto Star via Getty Images

The first two cases of the new Omicron variant have been detected in North America, the Canadian government announced Sunday evening.

Driving the news: The World Health Organization has named Omicron a "variant of concern," but cautioned earlier on Sunday that it is not yet clear whether it's more transmissible than other strains of COVID-19.