Biden Ends Infrastructure Negotiations With Key Republican

5Mind. The Meme Platform
The Epoch Times

President Joe Biden on Tuesday stopped negotiating with Sen. Shelley Moore Capito (R-W.Va.) after a failure to reach common ground in infrastructure negotiations.

Biden and Capito, the top Republican on the Senate Committee of Environment and Public Works, had been in talks for weeks on a major infrastructure plan, but hit a roadblock over funding priorities and whether tax hikes should be part of a deal.

Biden “informed Senator Capito today that the latest offer from her group did not, in his view, meet the essential needs of our country to restore our roads and bridges, prepare us for our clean energy future, and create jobs,” White House press secretary Jen Psaki said in a statement.

Capito said she and other GOP negotiators “consistently worked in good faith with President Biden and were optimistic that we could reach a bipartisan agreement for the sake of the country.”

The group she led delivered several counteroffers, including an approximately $978 billion proposal that Biden rejected on Friday.

“Despite the progress we made in our negotiations, the president continued to respond with offers that included tax increases as his pay for, instead of several practical options that would have not been harmful to individuals, families, and small businesses,” Capito said.

Biden’s first plan was $2.3 trillion and included hundreds of billions for elder and disabled care, which Republicans decried as an odd fit for an infrastructure package, along with a hike of the corporate tax rate, which would partially roll back a key provision of the 2017 GOP tax reform bill.

The White House later offered a $1.7 trillion proposal that still included tax increases.

BY ZACHARY STIEBER

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

US Natural Gas Market Shielded From Global Price Shocks During Iran War

Analysts say East Asia could see hikes in energy costs after an Iranian strike wrecked Qatari LNG infrastructure that met 20 percent of the world’s demand.

Israel Targets Checkpoints That Hold Back Iranian Uprising

For decades, one of the most visible expressions of state power in Iran has not been found in govt. buildings or military bases, but in the streets.

The Limits of Power—and the Power Behind the Regime

Western policymakers assume regimes fall when they lose legitimacy. History shows they collapse when they lose the power—and money—to enforce control.

Momentum Builds for Regime Change in Cuba

Momentum builds for regime change in Cuba as Cuba’s leadership faces increased strain from U.S. policy and mounting protests on the island.
00:01:55

US Has a New Ally in Latin America—Here’s Why It Matters

“We are going to take back our country,” newly minted Chilean President José Antonio Kast told a crowd of thousands as he took office March 11.

FedEx Rolls Out Same-Day Delivery Service

FedEx launched a same-day delivery service as shipping and retail companies compete to meet growing customer expectations for near-instant order fulfillment.

Suspicious Drone Incursion Causes Alarm at US Bomber Base

Suspicious drone activity recently caused alarm at a U.S. military base in Louisiana that hosts long-range strategic bombers.

Stocks Slip, Oil Holds Above $100 as Iran Tensions Cloud Sentiment

U.S. stocks opened lower while oil prices held above $100 a barrel on March 24, as lingering doubts over easing Middle East tensions weighed on sentiment.

FCC Bans Foreign-Made Routers Citing National Security Risks

FCC banned all imports of foreign-made commercial routers March 23, a move that targets Chinese-linked brands found to pose national security risks.

Markwayne Mullin Sworn In as DHS Secretary

Former Oklahoma Senator Markwayne Mullin was sworn in at the White House as the new Secretary of the Department of Homeland Security (DHS).
00:27:39

US Looking to Seize Iranian Defectors’ Money: Bessent

Treasury Sec. Scott Bessent said that the US is moving to seize funds transferred abroad by Iranian defectors, so it can be to returned to the Iranian people.

Trump Says He’s ‘Not Putting Troops Anywhere’ Amid Iran War

President Donald Trump met with Japanese Prime Minister Sanae Takaichi to discuss the Iran war, saying he is not inclined to send U.S. ground troops.

US Agencies Terminated or Reduced 95 Wasteful Contracts Worth $2 Billion: DOGE

Federal agencies canceled or scaled back 95 wasteful contracts worth up to $2B in the last four weeks, saving taxpayers $757M.
spot_img

Related Articles

Popular Categories

MAGA Business Central