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Biden will push through infrastructure plan if no Republican support - energy secretary says

EconomyApr 04, 2021 09:06PM ET
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2/2 © Reuters. Daily press briefing at the White House in Washington 2/2

By Katanga Johnson and Doina Chiacu

WASHINGTON (Reuters) - U.S. President Joe Biden would be willing to push through his $2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Jennifer Granholm said on Sunday.

Granholm said Biden would prefer that his plan have Republican backing but, if that does not work, he would likely support using a procedural strategy called reconciliation to allow Democrats to pass it in the Senate.

"As he has said, he was sent to the presidency to do a job for America. And if the vast majority of Americans, Democrats and Republicans, across the country support spending on our country and not allowing us to lose the race globally, then he's going to do that," Granholm said on CNN's "State of the Union."

Most Americans currently support the Democratic president's plan, said Granholm, one of several senior Biden administration officials who promoted the proposal on television news shows on Sunday.

Since taking office in January, the Democratic president has repeatedly said he wants to work with Republicans.

But the infrastructure plan - his second major legislative initiative - so far looks unlikely to draw more bipartisan support than his first, a $1.9 trillion COVID-19 relief package that passed with only Democratic support last month, using reconciliation.

Senate Republican leader Mitch McConnell said last week that Biden's infrastructure plan was "bold and audacious" but would raise taxes and increase debt. He vowed to fight it "every step of the way."

Republican Senator Roy Blunt on Sunday urged Biden to significantly scale back the plan if he wanted Republican lawmakers' support.

"If we'd go back and look at roads and bridges and ports and airports, and maybe even underground water systems and broadband, you'd still be talking about less than 30% of this entire package," Blunt said on "Fox News Sunday."

Blunt said he believed a smaller goal, of around $615 billion, would be more palatable to some of his Republican colleagues.

Republican Senator Roger Wicker of Mississippi joined others in his party in trying to cast Biden’s plan as a tax hike rather than an effort to repair and rebuild the country’s transportation, communications, water and electrical networks.

"What the president proposed this week is not an infrastructure bill. It’s a huge tax increase," Wicker told NBC's "Meet the Press."

Biden’s plan would raise the corporate income tax rate after deductions to 28% from the current 21%. His predecessor as president, Donald Trump, and Republican lawmakers cut the corporate rate from 35% to 21% in 2017.

Trump repeatedly promised to tackle the nation's crumbling infrastructure during his presidency but never delivered on that.

The Biden infrastructure plan's investments are long-term and badly needed to drive job growth, Brian Deese, director of the National Economic Council, said on the Fox program.

The initiatives will serve the country well into the 2030s and beyond, added Transportation Secretary Pete Buttigieg.

"Right now, we're still coasting off of infrastructure choices that were made in the 1950s," Buttigieg said on NBC.

Biden will push through infrastructure plan if no Republican support - energy secretary says
 

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Comments (57)
Alan Rice
Alan Rice Apr 05, 2021 12:51PM ET
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...so much for Democracy.
Kevin Eddlemon
Kevin Eddlemon Apr 05, 2021 8:38AM ET
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communism at play
George Pichurov
George Pichurov Apr 05, 2021 4:04AM ET
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Democracy at play :D
Lemuel Geangan
Lemuel Geangan Apr 05, 2021 12:59AM ET
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If you don't like Biden's infra bill it means you did not vote for him in the last election.
William Smith
William Smith Apr 05, 2021 12:45AM ET
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Read the bill. 70% goes straight to social programs. Biden mislabeled it an "infrastructure bill" to fool the ignorant and make Republicans look bad saying they dont want infrastructure repair when what they are fighting to stop is runaway socialism.
Steve Sallo
Steve Sallo Apr 05, 2021 12:43AM ET
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EV sector will flourish.
William Smith
William Smith Apr 05, 2021 12:43AM ET
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It will flourish quicker if the government stays away.
Brian Marx
Brian Marx Apr 05, 2021 12:43AM ET
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Nothing runs better than the government.
James Pattison
James Pattison Apr 05, 2021 12:25AM ET
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How much goes to hunter and the big guy?
Evgeny Syrtsov
Evgeny Syrtsov Apr 05, 2021 12:25AM ET
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10%
George Jetson
George Jetson Apr 05, 2021 12:23AM ET
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"United states steel" $X will reach $50 before mid year. I agree! Great pick!
William Smith
William Smith Apr 05, 2021 12:23AM ET
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Zero chance, but go for it.
jamal jamal
jamal jamal Apr 04, 2021 11:04PM ET
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Always buy the dip! Market always goes up with MMT. I'm long
Pablo Blanc
Pablo Blanc Apr 04, 2021 10:43PM ET
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“NGA” all i can sayv
Hunt Richardson
Hunt Richardson Apr 04, 2021 10:35PM ET
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only 30% for roads, bridges, ports and airports, maybe underground water systems and broadband. PORK. Don't support this JOKE
Angus Malarkey
Angus Malarkey Apr 04, 2021 10:21PM ET
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Raising taxes with the economy in a fragile state isn't good business or good politics.
Dave Be
Dave Be Apr 04, 2021 10:09PM ET
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raising taxes on companies who employ and they contribute to society through pay checks is lunacy
George Jetson
George Jetson Apr 04, 2021 10:01PM ET
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yes, I agree. united states steel $X is going go 50 dollars mid year. Great pick!
Boyoung Schang
Boyoung Schang Apr 04, 2021 9:21PM ET
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They just printed 1.9 trillions a month ago and They are passing another 2 trillions?! and this 2 trillion is the first one of two or three infrastructure plans. Dems are talking about 10 trillions in total amount. How does the printing money help the economy?
jonathan seagull
jonathan seagull Apr 04, 2021 9:21PM ET
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It’s not about how much but more about to what and when. If amtrak is worse than regional local train in Japan or Korea, what would you think the tax paid should be used for? Next question?
Boyoung Schang
Boyoung Schang Apr 04, 2021 9:21PM ET
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jonathan seagull  Only 5% use for the infrastructure! 95% is for their green woke equity agenda. Do your research!!
Robert Cox
Robert Cox Apr 04, 2021 9:21PM ET
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If Amtrak is worse than your local train service, they should shut down Amtrak. It is primarily a long-distance commuter option that is longer and more expensive than a commuter flight.
Scott Bailey
Scott Bailey Apr 04, 2021 9:18PM ET
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I thought commy joe was all about unity???
Karl Blumenhorst
Karl Blumenhorst Apr 04, 2021 9:18PM ET
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Only if you agree with the democrats. Otherwise, you are a fascists.
Tenemos Avoir
Tenemos Avoir Apr 04, 2021 9:18PM ET
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Unity with submission.
John Ehrensberger
John Ehrensberger Apr 04, 2021 9:13PM ET
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AKA big tax increase plan. Don't worry everyone. We'll all love it 👎
Boyoung Schang
Boyoung Schang Apr 04, 2021 9:13PM ET
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Hyperinflation is coming soon!
Karl Blumenhorst
Karl Blumenhorst Apr 04, 2021 9:13PM ET
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The fall of the USA is not too far down the line. Globalist & socialist-marxist are behind the democrat party.  You think they care about the USA being strong?
peter neal
peter neal Apr 04, 2021 8:49PM ET
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President Harris in the next few months.. Major Stock Market rally on Feds massive injection of liguidity to calm fears with Bernie as Vice President.
Steve Lora
Steve Lora Apr 04, 2021 8:23PM ET
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1 party communist ..but next years midterms may top Obama's-63 house seats lost.
Ronald Warren
Ronald Warren Apr 04, 2021 8:02PM ET
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Communist Regime
Steve Lora
Steve Lora Apr 04, 2021 8:02PM ET
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state run media will be overthrown
hoang thao truong nguyen
hoang thao truong nguyen Apr 04, 2021 8:02PM ET
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Dude, Thats pure capitalism lmao
CHAD TENDIES
CHAD TENDIES Apr 04, 2021 7:36PM ET
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You all realize the United States government is broke right? Nothing but debt that will never be paid back. The price for these packages will be stagflation.
Sam Astor
Astor Apr 04, 2021 7:36PM ET
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wonder who did it, cutting corp tax from 35% to 21% in 2017 didnt help, did it? LOL
Gamer Turtle
GamerTurtle Apr 04, 2021 7:27PM ET
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republicans think it is too expensive but if you tell them biden is planning to cut corporate tax from 20% to 10% costing tens of trillions, republicans would be like it is the right thing to do for americans. lol
Notvery Goodathis
Peteymcletey Apr 04, 2021 7:24PM ET
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the same polls that say "most Americans" support the plan also said trump would lose in a landslide. that McConnell would get crushed yet we still trust those suppression pollsters?
Zeb Fullmer
Zeb Fullmer Apr 04, 2021 7:18PM ET
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This guy is obviously losing it. He can't answer questions without reading a cheat card. You are lying to yourselves if you truly say he is competent. He looks like he belongs in a nursing home.
 
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