Countering Biden, GOP pitches $568 billion for infrastructure

A group of Senate Republicans on Thursday unveiled a public works proposal with a much smaller price tag and a narrower definition of infrastructure than what President Joe Biden has proposed, highlighting the stark differences between the two sides that will be difficult to bridge in the coming months. The price of the Republicans’ two-page outline came in at $568 billion over five years, compared with the $2.3 trillion that Biden has called for spending over eight years. The lawmakers framed their counterproposal as a “very, very generous offer.”

Yet the unveiling of the GOP proposal also made clear the parties are leagues apart on the size and scope of what’s needed. Biden is spending time listening to Republicans and voicing a willingness to consider their ideas, but Democrats are intent on passing a major infrastructure boost this year with or without GOP support. Whether to raise taxes is perhaps the biggest dividing line. To help pay for their plan, the Republicans would instead rely on user fees, including for electric vehicles, and on redirecting unspent federal dollars. The outline does not offer specifics, such as which federal programs would lose unspent dollars to infrastructure. Biden has proposed raising the corporate income tax from 21% to 28% to help pay for his plan, a move the Republican senators rejected.

The GOP’s slimmer infrastructure plan received a positive reception from the White House, with press secretary Jen Psaki characterizing it as a legitimate starting point for negotiations.