A group of GOP senators negotiating on infrastructure is preparing a $1 trillion counteroffer for the White House this week, a key leader said, far closer to President Biden’s target than previous overtures. Why it matters: Senator Roger Wicker (R-Miss.) signaled that Republicans will be moving in a big way toward the Biden administration's plan, reigniting hopes that a bipartisan deal is possible. This comes as talks fell apart late last week and over the weekend, as the two sides seemed as far apart as ever on a potential agreement. What they're saying: "We're not going to disturb the 2017 tax bill, which was the best economy of my lifetime," Wicker said. "We're going to make it eight years, as the President said he would accept. We're going to hit a figure, very close to what the President said he would accept."