Republicans don t think Biden really wants to work with them Alexander Bolton and Morgan Chalfant © Getty Images President Biden announces his multi-trillion-dollar infrastructure proposal in Pittsburgh
Republicans on Capitol Hill say President Biden s infrastructure proposal is the clearest sign yet that the White House has no intention of working with them on big legislation.
The $2.25 trillion plan unveiled this week by Biden takes direct aim at former President Trump s signature economic achievement by raising the corporate tax rate that Republicans lowered in their 2017 Tax Cuts and Jobs Act. It s pretty clear the way it is being crafted is far-left and goes after the marquis item that we passed on taxes, said a Senate Republican aide.
Republicans don t think Biden really wants to work with them
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Dangerously misguided : Biden faces pushback on plan to tax corporations from business groups and Republicans -- Puppet Masters -- Sott net
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Biden s $1.9 Trillion Dollar Stimulus Package: Who Wins? Who Lost?
The Biden administration and Democrats on Capitol Hill hope that the added funds being sent to families and middle-class Americans will encourage them to actively spend so that the economy can slowly bounce back to pre-pandemic behavior.
President Joe Biden signed his sweeping $1.9 trillion coronavirus relief bill into law on Thursday, ushering the administration’s first major legislative win, despite the lack of bipartisan support.
“This historic legislation is about rebuilding the backbone of this country and giving the people of this nation, working people, the middle-class folks, people who built the country a fighting chance,” Biden said.