Senate Republicans Propose $568 Billion Infrastructure Plan
Headline Roundup April 23rd, 2021
On Thursday, Senate Republicans proposed a $568 billion infrastructure plan that was met with skepticism by a number of Democrats who view the package as insufficient for the economy’s needs and as an unfair burden on middle-class taxpayers.
The Republican counter proposal, which is roughly one-quarter the size of the Democratic bill, focuses on what the party considers “traditional” infrastructure, with the lion’s share of proposed funding going toward roads, bridges, airports and ports. Senator Shelley Moore Capito (R-W.V), the leader of the group that created the bill, indicated that she hopes the proposal will serve as a starting point for negotiations with the Democrats.
Working to avoid being cut out of the process, they presented a $568 billion blueprint that is a fraction of the size of President Biden’s proposal.
Senate Republicans on Thursday offered a $568 billion counterproposal to President Biden’s $2.3 trillion infrastructure plan, laying out a marker they hoped would kick-start bipartisan negotiations to vastly scale back the president’s plan and do away with the corporate tax increases he is eyeing to pay for it.
But while the White House welcomed the outline as a positive step, there was little sign...
Senate Republicans on Thursday called for spending upward of $568 billion to rebuild the nation’s roads and bridges, in sharp contrast to the $2.25 trillion desired by President Biden.
Notably, the plan is heavy on “real” infrastructure compared to the proposal offered by Mr. Biden, Republican senators said.
The proposal calls for spending $299 billion over five years on upgrading roads and bridges. It also includes $61 billion for public transit systems, $20 billion for rail programs such as Amtrak, and $44 billion for airport upgrades.
The Republican proposal also...
Senate Republicans unveiled a $568 billion infrastructure plan Thursday limited to roads, bridges, broadband and other physical infrastructure, countering President Biden's American Jobs Plan with a framework around one-quarter the size of his sweeping $2.25 trillion package.
Although their plan doesn't specify how to pay for the spending, Republicans suggested new user fees, resisting a corporate tax rate increase pushed by Biden and keeping former President Donald Trump's 2017 tax cuts intact.
Republicans have slammed Biden's proposals for $400 billion to boost caregiving for the elderly and disabled, $174 billion...