After weeks of negotiations, a bipartisan group of United States senators forged an agreement to move forward on key portions of my American Jobs Plan — a once-in-a-generation investment to modernize our infrastructure that will create millions of good-paying jobs and position America to compete with the world and win the 21st century…
This deal is the largest long-term investment in our infrastructure in nearly a century. Economists of all stripes agree that it would create good jobs and dramatically strengthen our economy in the long run.
But the deal also represents much more. It is a signal to ourselves, and to the world, that American democracy can work and deliver for the people.
Neither Democrats nor Republicans got everything they wanted in this agreement. But that’s what it means to compromise and reach consensus — the very heart of democracy. When we negotiate in good faith, and come together to get big things done, we begin to break the ice that too often has kept us frozen in place and prevented us from solving the real problems Americans face.
I will continue working with Congress to pass the remainder of my economic and clean energy agenda….
There is plenty of work ahead to finish the job. There will be disagreements to resolve and more compromise to be forged. But this is a deal the American people can be proud of.