“I’m not going to embarrass anyone, but I have here a list,” he said. “If you’re going to take credit for what we’ve done,” he continued, “don’t get in the way of what we need to do.”
The political arguments over Biden’s ambitious proposals are quickly distilling into a debate over the size and scope of what all sides agree are sorely needed upgrades to the nation’s aging and outmoded infrastructure.
As the president reaches for a soaring legislative achievement with his $1.7 trillion American Jobs Plan and a separate $1.8 trillion American Families Plan, he is assessing whether he can cut a bipartisan deal with Republicans or will have to push through his proposals with only Democratic votes.
Republican senators outlined a $928 billion infrastructure proposal Thursday as a counteroffer to Biden, drawing a fresh red line against his plans raise the corporate tax, from 21% to 28%, to pay for new spending. Instead, the Republicans want to shift unspent COVID-19 relief dollars to help cover the costs, a nonstarter for many Democrats.
The Republican senators said their offer, raised from an initial $568 billion, delivers on “core infrastructure investments” that Biden has focused on as areas of potential agreement. “It’s a serious effort to try to reach a bipartisan agreement,” said Capito.
With about $250 billion in new spending, the GOP plan remains far from the president’s approach. Biden reduced his $2.3 trillion opening bid to $1.7 trillion in earlier negotiations.