White House reduces cost of infrastructure proposal in counteroffer to GOP lawmakers
CNN
White House officials on Friday presented a counteroffer to Republican lawmakers on their infrastructure and jobs package that reduced the size of the proposal from $2.25 trillion to $1.7 trillion, according to White House press secretary Jen Psaki.
The revised proposal reduced the funding request for broadband to match the offer put forward by Republicans and shifted investments in roads, bridges and other projects out of the proposal and into other legislation in order to come closer to the roughly $600 billion Republican counterproposal. Psaki suggested the corporate tax hikes remained in the counteroffer and reiterated President Joe Biden's belief that the wealthiest Americans and corporations can afford a modest tax hike in order to "to pay for middle class jobs."
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