Senate Republicans to propose counteroffer on infrastructure closer to $1 trillion
CBSN
Republican senators will announce a new counteroffer on infrastructure on Thursday, after the White House last week unveiled a slimmed-down alternative to President Biden's original massive proposal.
The new offer will be close to $1 trillion, which Republicans say is the minimum amount that Mr. Biden has said he will accept for an infrastructure bill, and proposes to be paid for by repurposing unused funds from previously approved coronavirus relief measures. But a separate bipartisan group of senators is also working on their own proposal as negotiations continue. GOP Senator Shelley Moore Capito, who has spearheaded infrastructure negotiations, told reporters that Republicans had gotten the impression Mr. Biden would support a $1 trillion bill over eight years after their meeting with the president at the White House earlier this month.More Related News