US infrastructure deal teeters after Republicans reject IRS funds By Reuters – Investing.com

US infrastructure deal teeters after Republicans reject IRS funds By Reuters – Investing.com

By Jarrett Renshaw and David Morgan

WASHINGTON (Reuters) - The White House and U.S. congressional negotiators are scrambling to salvage a $1.2 trillion bipartisan infrastructure deal after Republicans balked at funding to enforce existing tax laws - a key way to pay for the plan - leaving both sides searching for a way forward.

Senators and Biden administration officials still hope to hammer out the deal, including a plan to finance it, for a Senate vote on Wednesday, but both parties were growing increasingly skeptical Tuesday.