WASHINGTON, July 29 (Reuters) - A group of negotiators in the U.S. Senate on Wednesday said they have reached agreement on the major components of a $1 trillion bipartisan infrastructure deal - a key priority for President Joe Biden.
The Senate on Wednesday voted to move forward with the package, which includes about $550 billion in new spending, the White House said. The rest of the $1 trillion will be previously approved spending for these areas.
Here are some of the details of the bipartisan framework:
* Roads, bridges and other major projects: $110 billion
* Power infrastructure, including grid authority: $73 billion
* Passenger and freight rail: $66 billion
* Broadband infrastructure: $65 billion
* Water infrastructure, such as eliminating lead pipes: $55 billion
* Resilience (preparing infrastructure for the impacts of climate change such as floods and other extreme weather events, and cyber attacks): $50 billion
* Public transit: $39 billion
* Airports: $25 billion
* Ports, waterways: $17 billion
* Safety, which funds highways and pedestrian safety programs: $11 billion
* Electric vehicle infrastructure, including chargers: $7.5 billion
* Low carbon and zero emission school buses and ferries: $7.5 billion
The plan includes a number of proposals to finance the spending.
* Repurposing of unused COVID-19 relief dollars: $205 billion
* Proceeds of a February auction of wireless frequencies needed by 5G cellular networks: $67 billion
* States returning unused federal unemployment supplement: $53 billion
* Economic growth returning from a 33% return on investment in long-term infrastructure projects: $56 billion
* Recouping inappropriately unemployment benefits: $50 billion
* Delaying Medicare Part D Rebate rule: $49 billion
* Sales of future spectrum auctions: $20 billion
* Applying information reporting requirements to cryptocurrency: $28 billion
* Extending fees on government-sponsored enterprises: $21 billion
* Reinstating Superfund fees : $13 billion
* Mandatory sequester: $8.7 billion
* Extending customs user fees: $6 billion
* Sales from the strategic petroleum reserve: $6 billion
* Savings from reducing Medicare spending on discarded medications: $3 billion
* Extending available interest rate smoothing options for pension funds: $2.9 billion
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