Infrastructure Deal Retains Most Climate Measures With Transit Cuts

The White House and a bipartisan group of senators have announced a hard-fought agreement on $550 billion of new spending for infrastructure, which retains most of the climate measures of a framework deal unveiled last month, including $73 billion for power grid upgrades, while reducing proposed funding for transit and electric-powered school buses. The bipartisan agreement announced July 28 represents a pared-back approach to spending on core infrastructure projects, while Democrats are already working on a broader, complementary package --...