Senate Republicans Propose $568 Billion Infrastructure Plan
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From the Left
Republicans Look to Slash the Size of Biden’s Infrastructure PlanWorking 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...
From the Right
Senate GOP unveils $568 billion package focusing on 'real' infrastructureSenate 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...
From the Left
Senate Republicans propose $568 billion infrastructure plan to counter BidenSenate 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...
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