any changes. as far as where things go on tuesday, it is seeming this vote will likely fail. kendis. let s try to be more positive and optimistic on this father s day and talk about infrastructure. they re using a dirty word in washington. compromise. that s right. we re still waiting on the latest details to come out of this ongoing negotiations from the bipartisan group of senators that are working with the white house. trying to come up with compromises on a larger infrastructure package but what we think is the likeliest outcome here are two split tracks. that smaller, roughly expected to be about $600 billion in new spending of the bipartisan agreement on the more traditional elements of infrastructure and then separately the democrats can go it alone with their own multi-trillion dollar package that can incompass more human elements including climate change and child care that they have been pushing for in their own separate track.
and be briefed to the white house we re waiting to see what that next step would be. the likely scenario is a split track, also their sweet spot to move forward. two separate tracks. one, up to $1 trillion bipartisan framework that would have the harder, more traditional elements and then a separate go it alone democratic package that could incorporate a lot of those more human elements including climate change and child care. it s important to keep in mind not all democrats are onboard for this plan and that would include at least ten republicans, not even having all 50 democrats onboard is a potential roadblock. we heard earlier today from senator bernie sanders, and he wouldn t commit one way or the other, but he did issue red lines he s not willing to cross. what is in the bipartisan
hard infrastructure, things like transportation, that would go on that track. separately democrats could move forward with a multitrillion dollar partisan package that could be up to potential $6 trillion from one of the latest proposals from the democratic side. that would encompass more human elements, including climate change and child care. at this time we ll see the details from the bipartisan group, that group of 21 senators. there are right now about 11 senators that graeme, but not at democrats are yet on board. we heard from bernie sanders earlier today on meet the press saying he is not weighing in yet, but he did issue in red lines he is not willing to cross. one of the concerns i do have is how they are going to pay for their proposals, and they re not clear yet. i don t know that they even know
their own without support from republicans. amanda, what can we expect from tomorrow s meeting? i don t want to step on my words here or shoot myself in the foot by any means but i find it very hard to believe we ll see a substantive breakthrough tomorrow as this has been the song and dance for the last several weeks now. in light of the additional $50 billion in spending for the infrastructure package, there are hardline disparities here that have yet to be reckoned for and what reconciliation means. the human elements of infrastructure, as well as the more mainstream traditional transportation element. this is having biden wonder if
in spending for the proposals to tackle infrastructure across the country. that s not meeting the mark for the white house as they full handedly rejected this and say that they are looking for more commitments here to some of the more human elements of infrastructure that they included in the package and to break it down further, that latest proposal from biden, one of the few key things, he wanted a 15% corporate tax rate. that s down from 28% from his initial proposal, but with a commitment of at least a trillion in spending. he s looking to do tougher enforcement on the highest earners across the country and included tax increases and did keep the 2017 tax cut which was established in the trump administration so as not to go through that red line that republican his initially put forward, but biden is also saying now that he ll continue to speak with other republicans and not just shelly moore capito in some of these conversations and that would include senator mitt romney and senat