GOP offers $928B in response to Biden's infrastructure plan

Ruben Hill
May 28, 2021

The Press Secretary, however, noted that the White House remains concerned that the plan still provides no substantial new funds to fix veterans' hospitals, build modern rail systems, repair transit systems, remove unsafe lead pipes, boost clean energy economy, among other things.

The White House responded to Senate Republicans' latest offer for an infrastructure deal Thursday, with press secretary Jen Psaki calling the additions "constructive" but saying the administration remains "worried" about how Republicans plan to pay for it.

Senate Republicans unveiled a $928 billion infrastructure counter-proposal to President Biden's $1.7 trillion plan on Thursday. The GOP has proposed repurposing unused Covid funds. "We think there are better ways to pay for it", she said.

The Republican offer would increase spending by $91 billion on roads and bridges, $48 billion on water resources and $25 billion on airports, according to a one-page summary released by the GOP negotiators.

Republicans boosted their original $568 proposal substantially to almost $1 trillion, the minimum number Biden has reportedly said he would accept. The president has urged the GOP to put at least $1 trillion into an infrastructure package.

Biden has proposed raising the corporate tax rate, closing loopholes, enhanced IRS enforcement and tax hikes on the very highest earners. "They like infrastructure, all the states like infrastructure". But the majority of the funding for their bill will come from funds already allocated toward Covid-19 relief.

As Warren points out, the Democrats have proposed a way to fund their spending through tax increases on corporations and the wealthy, something Republicans are opposed to.

Senator Shelley Moore Capito (R-W.Va), who has led the Republican effort, said their proposal is "a serious effort to try to reach a bipartisan agreement", even though the GOP offer only includes $257 billion in new spending, as compared to Biden's $1.7 trillion plan.

"I understand the president is willing to keep talking, and actually the president is a bit more reasonable than some of the people surrounding him", McConnell said.

"We will work actively with members of the House and Senate next week, so that there is a clear direction on how to advance much needed jobs legislation when Congress resumes legislative business during the week of June 7", she added. Biden wants to include funding for public schools, affordable housing, child care, electric vehicles, and more.

Other reports by Click Lancashire

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