The president has started new talks with a bipartisan group of 10 senators working on a deal and welcomed a $1.2 trillion bipartisan effort from a group in the House.
infrastructure
Posted inNation & World, Politics
Biden ends Republican infrastructure talks, starts bipartisan push
The breakdown comes as the 2 sides fail to broker the divide over the scope of the president’s sweeping infrastructure investment and how to pay for it.
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Posted inNation & World, News, Politics
Biden rebuffs latest Republican infrastructure offer, citing broader goals
After the release of a modest May jobs report, the president made the case for his robust investment package to push the economy past the COVID-19 crisis and downturn, and into a new era.
Posted inBusiness, Nation & World
Biden offers tax deal to Republicans in infrastructure talks
The president is proposing a 15% minimum tax on corporations as he tries to get Republican support for the program.
Posted inNation & World, Politics
White House gives GOP one week to reach deal on infrastructure
Republican senators last week outlined a $928 billion proposal as a counteroffer to President Biden’s $1.7 trillion plan.
Posted inBusiness, Nation & World
U.S. disasters show gaps in $1.7 trillion infrastructure plan
Three times this year, major pieces of U.S. infrastructure have failed: first the Texas power grid, then the East Coast’s main gasoline pipeline, then a freeway bridge over the Mississippi River.
Posted inNation & World
Biden, Republican senators upbeat after infrastructure talks
One strategy that appears to be coming into focus would be for the president to negotiate a more limited, traditional bill dealing with roads, highways, bridges and broadband as a bipartisan effort.
Posted inBusiness, Local & State
Maine moves to future-proof taxpayer-funded broadband by raising standards
Some people argue that current standards should stay in place until underserved areas are connected but others say faster speeds are needed now.
Posted inBusiness, Nation & World, Politics
In GOP stronghold, Biden pushes for his infrastructure plan
He’s proposing to pay for it by undoing the 2017 Trump tax cuts and raising the corporate tax rate from 21 percent to 28 percent.
Posted inLocal & State, News
After meeting with Biden, King praises broadband investment plan
Maine’s junior U.S. senator, an independent, was among a bipartisan group of federal lawmakers who met with President Biden on Monday about a proposed $2.3 trillion infrastructure package.