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Biden Signals Willingness to Negotiate on Scope and Financing of Infrastructure Proposal

Submitted by jhartgen@abi.org on

President Biden vowed yesterday that the size and scope of his $2.25 trillion jobs plan — as well as how to pay for it — is up for negotiation, setting the stage for what is likely to be months of congressional wrangling on one of the White House’s chief legislative priorities, the Washington Post reported. Whether a bipartisan deal ultimately materializes is far from clear, however, as a top GOP senator told Biden in a private Oval Office meeting Monday that it would be “almost impossible” to win over Republicans if the plan envisions boosting the corporate tax rate, as it currently does. There is also widespread private skepticism among congressional Republicans that the White House is genuinely open to a cross-party agreement that might significantly scale back Biden’s ambitions. But the president, as well as White House officials, insisted that his overtures at bipartisanship were earnest and that he would not have been spending hours meeting with Republicans otherwise. Read more.

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