GOP counters Biden's infrastructure plan with $928 billion offer as President's adviser... - 0 views
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Senate Republicans made a $928 billion counteroffer to President Joe Biden's sweeping infrastructure proposal Thursday morning as one of the President's closest advisers rallies allies to embrace the White House's proposals.
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The group of Senate Republicans negotiating with Biden on infrastructure unveiled their latest infrastructure counter-proposal Thursday morning, just ahead of the latest effort from the President to put the spotlight back on his sweeping economic agenda. The offer falls short of the $1 trillion that Senate Republicans had said Biden was open to during their White House negotiations.
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The President said Thursday that he plans to meet with Sen. Shelley Moore Capito, a West Virginia Republican who's leading the Senate GOP's negotiating team, next week about the counteroffer.
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"I haven't had a chance yet to go over the details of the counteroffer made by Capito. We're going to meet sometime next week, and we'll see if we can move that, and I'll have more to say about that at the time," Biden told reporters on the tarmac before departing for Cleveland.
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The GOP's counteroffer is a sign that bipartisan talks will continue, but Republicans and the White House are still far apart on new spending for infrastructure and how to pay for it all. It's unclear how much closer the two sides can get in order to reach a deal ahead of Congress' return on June 7.
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Biden traveled to Cleveland on Thursday to pitch his economic proposals at a critical moment in the bipartisan negotiations over a potential infrastructure deal.
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"We've turned the tide on a once-in-a-century pandemic. We turned the tide on a once-in-a-generation economic crisis, and families are beginning to be able to breathe just a little bit easier. We still have work to do, but our future today is as bright and as wide open as it ever has been," Biden said, speaking from Cuyahoga Community College. He continued: "And now we're faced with the question: What kind of economy are we going to build for tomorrow?"
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In addition to the national vaccination program, Biden touted the sweeping $1.9 trillion Covid-19 relief law that delivered economic relief directly to Americans and businesses.
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Biden pressed for large-scale infrastructure investments, including in research and development, arguing: "We must be number one in the world to lead the world in the 21st century. ... And the starting gun has already gone off -- we can't afford to fall any further behind."
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"The bottom line is this: The Biden economic plan is working. We've had record job creation. We're seeing record economic growth. We're creating a new paradigm, one that rewards the working people of this nation, not just those at the top," Biden said. White House press secretary Jen Psaki said in a statement that the White House was "grateful" to Capito for the proposal, which she said "substantially increased the funding level."
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"At first review, we note several constructive additions to the group's previous proposals, including on roads, bridges and rail," Psaki wrote.
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Biden, whose most recent proposal was $1.7 trillion, has indicated he'd be open to discussing a $1 trillion plan, senators have told CNN. But the disputes up to this point go far beyond the overall cost, with sharply different views over the scale of any potential compromise proposal and how it would be paid for continuing to serve as major roadblocks.
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In their offer Thursday, Republicans doubled down that they want to pay for this plan using unspent Covid relief funding, user fees from electric cars and the existing gas tax. But, the White House views unspent Covid relief funds as a nonstarter because they argue much of that money has already been spent. Republicans, meanwhile, still are not budging on making any changes to their 2017 tax bill.
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"The American Rescue Plan is working exactly as intended -- delivering relief to families, businesses, and communities to bridge our economy to the end of the pandemic and into a strong recovery," she said in a statement, adding, "major provisions of the law for state and local governments, K-12 schools, higher education institutions, and child care providers have been almost entirely allocated. Local governments, schools, and other entities are already budgeting for this year and beyond with these funds."
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"The American people -- across the political spectrum -- are sending a clear message, the question now is whether Congressional Republicans will listen," Donilon writes.