Last updated on July 18th, 2023 at 01:32 pm
Read About Ivanka Trump's Plotting To Return To The White House On THE DAILY
Â
A bipartisan group of Senators announced that they had reached a $1 trillion infrastructure deal that doesn’t increase taxes on the wealthy or corporations.
The Senators announced:
the package is nearly $1 trillion over 5 years, or about $1.2 trillion over 8 years, with roughly $579 billion of it being new spending, financed without tax increases, three sources tell me and @seungminkim https://t.co/TCWbzB6QqV
— Tony Romm (@TonyRomm) June 10, 2021
Compared to what the Biden administration proposed, this a minuscule amount of new spending. The bigger problem is that the Senators appeared to have agreed to a deal among themselves that will be paid for by increasing user fees on working and middle-class Americans. It is a safe bet that user fees are the funding mechanism because Sens. Romney and Portman are both touting user fee increases.
The deal is a joke compared to what the Biden administration has laid out as their vision for infrastructure and job creation.
Once again, Republicans try to protect the rich while passing the cost on to the working people of the country.
The problem is that Biden’s plan to pay for massive infrastructure spending is popular with voters. The Senators who cut this deal are completely out of touch with what the American people want.
President Biden should hold his ground and pay for his bold infrastructure plan by repealing the Trump tax cuts for the wealthy and corporations.
Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association
