Times-Herald

House Democrats unveil $547 billion infrastruc­ture bill amid Biden talks

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WASHINGTON (AP) — House Democrats released a plan Friday for spending $547 billion over the next five years on road, mass transit and rail projects, a blueprint for what they want parts of President Joe Biden's broader infrastruc­ture proposal to look like.

The proposal from Rep. Peter DeFazio, the Democratic chairman of the House Transporta­tion and Infrastruc­ture Committee, is a policy bill that continues existing programs set to expire and with key pieces of a larger measure President Joe Biden and Republican­s are negotiatin­g.

Biden is holding another round of talks Friday with the lead Senate Republican negotiator, Sen. Shelley Moore Capito of West Virginia. In his meeting earlier this week with Capito, Biden offered tax concession­s aimed at reaching a bipartisan compromise on his overall infrastruc­ture proposal.

The two sides are at odds over how to pay for infrastruc­ture projects, with Republican­s ruling out higher corporate taxes and the White House rejecting a GOP proposal to use unspent Covid-19 relief funds.

Biden proposed a 15% minimum tax on corporatio­ns — there's no minimum tax now on corporate profits — and the possibilit­y of additional revenues from increased IRS enforcemen­t.

He is seeking roughly $1 trillion in new infrastruc­ture spending, down from an initial pitch of $2.3 trillion. Senate Republican­s have countered with only $257 billion in additional spending on infrastruc­ture as part of a $928 billion package.

DeFazio's legislatio­n, a reauthoriz­ation of surface transporta­tion programs set to expire Sept. 30, doesn't address how to pay for the projects. He tacked on major investment­s in passenger and freight rail, key pieces of Biden's $1.7 trillion American Jobs Plan within his committee's jurisdicti­on. He called the effort a "once-in-ageneratio­n opportunit­y to move our transporta­tion planning out of the 1950s and toward our clean energy future."

The bill is being closely watched as a building block toward a broader infrastruc­ture package. DeFazio's panel is expected to debate and vote on the measure next week. It is not expected to attract much GOP support, as Republican­s unveiled their own legislatio­n recently that would authorize about $400 billion over five years for road, bridge and transit programs.

A similar dynamic is playing out in the Senate, where a panel recently passed its version of the highway bill unanimousl­y, but the lawmakers didn't have to vote yet on how they would pay for it.

DeFazio's legislatio­n used as a starting point a bill that passed his committee last year without GOP support and was then rolled into a $1.5 trillion infrastruc­ture package that passed the House but went nowhere in the Senate.

The bill would boost investment in roads and bridges by about 54% with an emphasis on fixing existing infrastruc­ture. It would dedicate about $4 billion to electric vehicle charging stations and would provide record levels of investment for pedestrian and cyclist pathways. It would also seek to reconnect low-income communitie­s divided by highways with a $3 billion program "to correct mistakes of the past."

 ?? Submitted Photo ?? Savannah Whitehead, daughter of Christophe­r and Becca Whitehead of Moro, has been awarded the Ann Horton Memorial Scholarshi­p. The scholarshi­p is given each year in honor of Ann M. Horton, local founder of Chapter BF of P.E.O. Whitehead was chosen for her excellence in academics, leadership, extracurri­cular activities, community service and her athletic abilities. She recently graduated from Lee Academy as salutatori­an of her class, and plans to attend the University of Arkansas this fall with the intent of majoring in agricultur­al business. Maureen McCollum is presenting the scholarshi­p to Whitehead.
Submitted Photo Savannah Whitehead, daughter of Christophe­r and Becca Whitehead of Moro, has been awarded the Ann Horton Memorial Scholarshi­p. The scholarshi­p is given each year in honor of Ann M. Horton, local founder of Chapter BF of P.E.O. Whitehead was chosen for her excellence in academics, leadership, extracurri­cular activities, community service and her athletic abilities. She recently graduated from Lee Academy as salutatori­an of her class, and plans to attend the University of Arkansas this fall with the intent of majoring in agricultur­al business. Maureen McCollum is presenting the scholarshi­p to Whitehead.

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