Biden to meet with congressional leaders as infrastructure talks continue
CBSN
Washington — President Biden will meet with the top four leaders in Congress on Wednesday as negotiations over the president's multi-trillion dollar infrastructure agenda continue. This is Mr. Biden's first meeting with the leaders as a group since he was inaugurated in January.
The meeting with Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy is expected to focus on Mr. Biden's $4 trillion two-pronged plan, which is divided between a $2.3 trillion proposal on physical infrastructure and jobs and a $1.8 trillion measure on health care, education and child care. Republicans have pushed back against Mr. Biden's proposal, questioning both the price tag and the inclusion of provisions apparently unrelated to "traditional" infrastructure such as roads, bridges, transportation and broadband expansion. They also oppose Mr. Biden's plan to pay for his infrastructure package, which would include raising the corporate tax rate from 21% to 28% and negotiating a new global minimum tax for multinational corporations.More Related News
