Senate Republicans readying new infrastructure proposal
WASHINGTON (Reuters) - U.S. Republicans are expected to unveil a new infrastructure proposal as early as Tuesday as optimism grows about a possible bipartisan deal that would cover a fraction of President Joe Biden's $2.3 trillion infrastructure plan.
Senator Shelley Moore Capito, who is leading the Republican infrastructure drive, told reporters on Monday that she expected Republicans to unveil a new counter-proposal to Biden's sweeping plan sometime early this week. Her comments followed a day of discussions between Senate Republicans and White House staff, on the eve of a meeting with top administration officials slated for Tuesday afternoon.
Capito and other Republicans including Senate Commerce Committee Chairman Roger Wicker announced an initial $568 billion infrastructure plan, which Democrats criticized as inadequate. Capito and Wicker were among a group of Senate Republicans who met with Biden last Thursday.
Asked whether Senate Republicans would unveil a new infrastructure proposal on Tuesday, Capito replied: "We hope so. Well, it'll be early this week."
https://www.msn.com/en-us/news/politics/us-senate-republicans-readying-new-infrastructure-proposal/ar-BB1gQ86X
$568 billion in tax cuts for the ultra-wealthy so it'll all trickle-down and mean more tax revenue which can then go to infrastructure.