Republican rhetoric around President Joe Biden's $2 trillion-plus plan has centered on its expansive definition of infrastructure and its use of a corporate tax hike to fund it.
Politico By SAM MINTZ April 14, 2021 Republicans are preparing a counteroffer to President Joe Biden's infrastructure proposal, a plan that's likely to be in the range of $600 to $800 billion, more targeted in scope and funded by unspecified user fees, according to several GOP senators. For some time Republican rhetoric around Biden's $2 trillion-plus plan, which would fund everything from roads to broadband to schools, has centered on panning it for its expansive definition of infrastructure and for proposing a hike on corporate taxes to fund it. And Republican senators interviewed about the counter suggest it will stick to that script. "What I'd like to do is get back to what I consider the regular definition of infrastructure in terms of job creation. So that's roads, bridges, ports, airports, including broadband into that, water infrastructure," said Shelley Moore Capito of West Virginia, the top Republican on the Senate Environment and Public Works Committee, during an interview with CNBC Wednesday.
View the full article: Politico.com
Comments