June 10 (UPI) -- A group of bipartisan lawmakers tapped by President Joe Biden announced Thursday that they have reached an infrastructure deal to present to Congress.
The group of 10 Democrats and Republicans said they had reached an agreement on a "realistic, compromise framework to modernize our nation's infrastructure and energy technologies" and would not be funded by tax increases, in a statement released by Sen. Kyrsten Sinema, D-Ariz., on Twitter.
"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," they wrote.
Biden turned to the lawmakers after calling off negotiations with Senate Republicans led by Sen. Shelley Moore Capito, R-W.Va., on Tuesday.
"I really think it's time to pull the plug now and take action promptly and robustly ... I worry about time being wasted," he said. "We simply do not have the time to waste."
Sen. Elizabeth Warren, D-Mass., also called for Congress to quickly vote through a package.
"Let's face it. It's time to move forward," Warren said. "The Republicans have held us up long enough."
Biden initially proposed a $2 trillion package in March that included two parts -- the American Jobs Plan and the American Families Plan -- but lowered the figure to $1.7 trillion and then to $1 trillion last week after Republicans balked at the price tag.