|GOP senators say bipartisan group has infrastructure deal|
|Republican senators who are negotiating within a bipartisan group of 10 senators say they have reached a tentative deal on the size of an infrastructure package and how to pay for it.|
The emerging deal would spend only a fraction of the $4.1 trillion investment President Biden has called for and would not raise taxes, which could make it a tough sell within the broader Senate Democratic caucus.
On Thursday, we learned that core inflation rose to its highest level in 29 years, and the federal budget deficit for the first eight-months of the year had hit its highest level ever. These things are, of course, closely linked.