Republicans object to Biden s call for funding infrastructure by raising the corporate tax rate (File)
Lake Charles:
President Joe Biden warned Thursday that Congress needs to adopt his multi-trillion dollar spending plans to renew the US economy because China is eating our lunch.
Speaking in deep-Republican Louisiana, Biden pitched his $2.3 trillion infrastructure proposal as a way to secure US preeminence on the global stage as much as fixing dangerous bridges and roads.
The plan is popular among Democrats but Republicans in Congress either oppose what they see as an uncontrolled spending spree or are proposing something far more modest.
Biden argued that his plan, which would fund traditional infrastructure like road transport, but also pour money into things like broadband internet and electric car research and development, will pay off.