The Biden administration is embarking on a 2-pronged strategy: reviewing a nearly $1 trillion plan from a group of 21 senators, including 11 Republicans, while pursuing their own priorities in a more substantial package.
infrastructure
Posted inBusiness, Maine
Maine lawmakers approve new broadband agency
Gov. Janet Mills is expected to sign a bill to create the Maine Connectivity Authority, which would oversee investing tens of millions of dollars for high-speed internet.
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Posted inBusiness, Maine
Maine roads to go unpainted because of national resin shortage
The state has less than half the white and yellow road paint it typically gets in a year and will not restripe low-priority roads.
Posted inNation & World, Politics
For infrastructure deal, Biden eyes ‘multiple paths forward’
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.
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.
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.