Sunday, October 17, 2021
HomenewsWhite House gives infrastructure talks a week to reach deal

White House gives infrastructure talks a week to reach deal

With constantly plummeting patience levels, Democratic leaders are laying the groundwork for a go-it-alone approach on President Joe Biden’s big jobs and families infrastructure plans even as the White House continues negotiating with Republicans on a much more scales-back $1 trillion proposal.

In a session on Tuesday, one of the top White House advisers assured House Democrats that there would be a new decision by next week about where discussions stand with the Republicans.

But impatient by the whole matter, Senate Majority Leader Chuck Schumer declared that is going forward, huddling privately with the Senate Budget Committee to prepare for votes in July in a majority-rules approach as concerned Democrats prepare to lift Biden’s $1.7 billion American Jobs Plan and $1.8 billion American families Plan to passage.

Schumer and House Speaker Nancy Pelosi are making all efforts in trying to pacify the wary and anxious rank-and-file Democrats who are of the view that Biden is leaving too much on the table in talks with the Republicans.

Impatient lawmakers are in need of an assurance that if they admit to a scaled-back bill with the Republicans, that won’t be it and the President’s push for investments in climate change strategies, child care centres and other matters of democratic importance will be taken care of, with or without the GOP votes.

The updated timeline has been released as Biden’s top legislative priority is stumbling in Congress with him being overseas. The president and Democratic leaders of the House and Senate have been occupied in a two-way strategy – reaching for a bipartisan deal with Republicans but also setting the foundation for probable majority-rules strategy in case the talks don’t give a result.

Over the past week, a bipartisan group of ten senators has decided on an approximately $1 trillion deal of mainly road, highway and other such infrastructure related projects, but without the family-related investments in child-care centres and other facilities that were earlier suggested to remain at top priority for the administration. These investments have been rejected by the Republicans, calling them unwanted and expensive.

The prospective proposal presented by the members of the bipartisan group of senators to their colleagues on Tuesday raised mixed reviews.

The attempt by the bipartisan group, the five Democrats and five republicans has been quite successful in meeting Biden’s preliminary ideas but the Senators and the President still remain wide apart over how to pay for the plan.

The president’s proposal to raise the corporate tax rate from 21 percent to 28 percent for infrastructure investments has been rejected by the Republicans. So is the case with taxed n wealthy Americans.

Infact, under the bipartisan proposal, the projects would be funded by increasing the gas tax at the pump by linking it to inflation, tapping absent Covid-19 relief funds and trying to recoup unpaid income taxes.

The White House plans to give the bipartisan infrastructure negotiations another week to 10 days before assessing the next steps.

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