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Sens. Mark Warner, Joe Manchin, Mitt Romney, Jeanne Shaheen, Susan Collins and Kyrsten Sinema take a break from a meeting on infrastructure. Photo: Alex Wong/Getty Images

A bipartisan group of 10 senators said Thursday they reached an agreement on an infrastructure spending framework they hope to sell to congressional leaders and the White House.

Why it matters: The announcement comes just days after negotiations officially broke down between President Biden and a group of Republicans led by Sen. Shelley Moore Capito (R-W.Va.).

What they're saying: The latest agreement is a “realistic, compromise framework to modernize our nation’s infrastructure and energy technologies,” the statement released by Sen. Kyrsten Sinema (D-Ariz.) said.

  • "This investment would be fully paid for and not include tax increases,” the senators added.
  • “We are discussing our approach with our respective colleagues, and the White House, and remain optimistic that this can lay the groundwork to garner broad support from both parties and meet America’s infrastructure needs."
  • The group consists of Sens. Bill Cassidy (R-La.), Susan Collins (R-Maine), Joe Manchin (D-W.Va.), Lisa Murkowski (R-Alaska), Rob Portman (R-Ohio), Mitt Romney (R-Utah), Jeanne Shaheen (D-N.H.), Kyrsten Sinema (D-Ariz.), Jon Tester (D-Mont.), and Mark Warner (D-Va.).

Details: The group did not release any specific details about the plan, but multiple reports said the framework is focused on traditional infrastructure and includes $579 billion in new spending over five years. The plan would cost $974 billion over five years and $1.2 trillion over eight years, per the Washington Post.

The big picture: The senators still must win over congressional leaders and the Biden administration.

  • Senate Minority Leader Mitch McConnell, who was briefed on the plan on Wednesday, said he was "open" to it, Romney told reporters Thursday, per CNBC.
  • "It is unclear now if the package will be comprehensive enough to appease Senate Majority Leader Chuck Schumer, D-N.Y., House Speaker Nancy Pelosi, D-Calif., and Biden," CNBC notes.

Go deeper

Jun 9, 2021 - Politics & Policy

Bipartisan Problem Solvers Caucus pushes for infrastructure deal with WH

Members of the bipartisan Problem Solvers Caucus at the U.S. Capitol in December. Photo: Chip Somodevilla/Getty Images

The leaders of a bipartisan coalition of Congress members spoke to White House officials about efforts to reach an infrastructure deal on Tuesday, a House aide familiar with the call told Axios.

Driving the news: Problem Solvers Co-Chairs Josh Gottheimer (D-N.J.) and Brian Fitzpatrick (R-Pa.) are pushing for a $1.249 trillion bipartisan agreement after negotiations between President Biden and a Republican group led by Sen. Shelley Moore Capito (R-W.Va.) broke down earlier Tuesday.

Jun 9, 2021 - Politics & Policy

First look: 90 groups urge Biden to pass infrastructure through reconciliation

Sen. Mitt Romney (R-Utah), during a break in bipartisan infrastructure talks Tuesday. Photo: Al Drago/Bloomberg via Getty Images

Some 90 advocacy groups want President Biden and Democratic leaders to abandon bipartisan infrastructure negotiations and instead use the partisan reconciliation process to enact a more progressive package, Axios has learned.

Why it matters: An open letter being released by the group Wednesday morning comes immediately after Biden decided to end talks with Republican senators, led by Shelley Moore Capito (R-W.V.), and turn his attention toward striking a deal with a separate, bipartisan group.

NEC's Brian Deese says Biden won't stop reaching out to GOP on infrastructure

Brian Deese. Photo: Axios

Brian Deese, director of the National Economic Council, told Axios at a virtual event on Wednesday that President Biden "is not going to stop reaching out" to Republicans to negotiate his American Jobs Plan.

Why it matters: Biden is aiming to strike a deal with a separate, bipartisan group of senators after infrastructure talks — led by Sen. Shelley Moore Capito (R-W.Va.) — officially broke down on Tuesday.