'We have a deal' Biden announces bipartisan infrastructure agreement

President Joe Biden announced Thursday he has reached a bipartisan deal on an infrastructure package.

Biden endorsed a proposal put forward by a group of 10 Senators, including Republican Sens. Susan Collins and Rob Portman and Democratic Sen. Kyrsten Sinema.

"We have a deal,” Biden said, according to NBC News. “They have my word, I'll stick with what they've proposed. And they've given me their word as well. Where I come from, that's good enough for me.”

The president and senators signed their plan to provide about $579 billion in investments in roads, broadband internet, electric utilities, and other projects in a big win for the Biden Administration, according to The New York Times.

Biden has spent the last couple of months attempting to pass an infrastructure plan. The bipartisan compromise is much less compared to Biden’s original near $4 trillion infrastructure proposals.