Republicans Begin Negotiating on Joe Biden’s 2.25 Trillion Infrastructure Proposal with Bid of $800 BillionWendell Husebo 14 Apr 2021
Sen. Shelley Moore Capito (R-WV) has countered President Joe Biden’s infrastructure proposal, on which Biden said he is ready to negotiate.
The counter proposal includes a vehicle mile traveled tax, road usage fees for electric vehicles, and repurposed federal money from the coronavirus package.
Capito said the “sweet spot†for a bipartisan infrastructure deal “would probably cost around $600-800 billion.†She also noted:
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, not home health aides and school building and all of these kinds of things.
The Republican proposal notably does not include a corporate tax hike counter, leaving the Democrats to negotiate among themselves.
Capito’s fellow West Virginia Senator Joe Manchin (D-WV) has indicated he, along with six or seven Democrats, would not support Biden’s proposal as is, opposing a corporate tax hike to 28 percent, seven points higher than the current rate, and three points higher than Communist China’s tax rate on American businesses.
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https://www.breitbart.com/politics/2021/04/14/republicans-begin-negotiating-on-joe-bidens-2-25-trillion-infrastructure-proposal-with-bid-of-800-billion/
