Biden delivers remarks on infrastructure plan in Cleveland

Republican senators in the United States outlined a $928bn infrastructure proposal Thursday a counteroffer to President Joe Biden's more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay

Republican senators in the United States outlined a $928bn infrastructure proposal Thursday a counteroffer to President Joe Biden's more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay

President Joe Biden is set to unveil a massive spending proposal that includes $6 trillion in government funding for the next fiscal year - an amount that would bring federal spending up to levels not seen since World War II. But the majority of the funding for their bill will come from funds already allocated toward Covid-19 relief.

White House press secretary Jen Psaki made clear the administration's concern that the new proposal "still provides no substantial new funds for critical job-creating needs" and fails to spell out how Republicans would pay for the programs.

Sen. Shelley Moore Capito, a Republican leading the talks, said Thursday the sides are "inching closer" in negotiations ahead of Memorial Day, the date by which the White House wanted to see progress in bipartisan negotiations.

Republicans had lashed out at Biden's original plan, arguing that it consists of numerous "far-left demands", and is not targeting actual infrastructure.

Psaki said the president looks forward to getting additional details from Republicans, and she pledged the White House would work with members of the House and Senate next week.

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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. "I think that's what the American people think of when they think of infrastructure and that's certainly what we do too", Capito said on Thursday. The official was not authorized to publicly discuss Biden's remarks before the president's speech and spoke on condition of anonymity.

"We note several constructive additions to the group's previous proposals, including on roads, bridges and rail", Psaki said in a statement shortly after Republicans unveiled their latest proposal.

Asked on CNBC if the counteroffer, spearheaded by Sen. "It's not real. They have this illusory notion of how we're going to take money that's already been committed to other places and other spending". The White House has proposed raising the corporate tax rate from 21 to 28% to drum up funds for infrastructure, but that idea is a nonstarter for Republicans.

Warren added that the GOP's proposal did not include any green jobs and noted that their offer "leaves behind" women by not including investments in child care, both major portions of the Democrats' plan.

But Republicans have so far refused to contemplate raising any taxes on corporations or the wealthy to fund the investments, calling any changes to the 2017 GOP tax cuts a "red line" they can not cross. The GOP has proposed repurposing unused Covid funds.

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