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Republicans unveil $568 billion infrastructure package to counter Biden

EconomyApr 22, 2021 04:26PM ET
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4/4 © Reuters. U.S. Republicans hold news conference introducing infrastructure plan, in Washington 2/4

By David Morgan

WASHINGTON (Reuters) -U.S. Senate Republicans on Thursday proposed a $568 billion, five-year infrastructure package as a counteroffer to President Joe Biden's sweeping $2.3 trillion plan, calling their measure a good-faith effort toward bipartisan negotiations.

The proposal, which falls below even the range of $600 billion to $800 billion that Republicans floated earlier in the week, focuses narrowly on traditional infrastructure projects and broadband access.

It drew a mixed response from Democrats, who narrowly control both chambers of Congress. Some Democrats dismissed it as inadequate to the task of repairing America's infrastructure and reliant on user fees that would penalize working people.

The Republican plan would not result in higher taxes but be fully paid for with user fees on electric vehicles and other items, unspent federal funds and possible contributions from state and local governments.

"This is the largest infrastructure investment that Republicans have come forward with," said Senator Shelley Moore Capito, who has helped lead the effort as top Republican on the Senate Environment and Public Works Committee.

"We see this as an offer that's on the table and deserves a response," the West Virginia lawmaker told a news conference.

Republicans sent the proposal to Biden on Thursday, before unveiling the package, which represents less than one-quarter of the Democratic president's plan.

Democratic Senate Majority Leader Chuck Schumer had no immediate comment on the Republican proposal, but told reporters: "Any infrastructure proposal has to be green and cannot be paid for on the backs of working people."

Biden, who asked Republicans this week to offer a counterproposal by mid-May, proposed an infrastructure plan that includes not only traditional infrastructure projects but seeks to alter the course of the U.S. economy by addressing climate change and expanding human services such as care of the elderly.

Republicans have opposed the size and scope of the Biden proposal, as well as its plan to pay for spending by raising taxes on U.S. corporations.

Senate Minority Leader Mitch McConnell said the new proposal "has the potential to be a reasonable and bipartisan alternative and we're hoping that Democrats are interested in doing something along those lines."

TWO-TRACK APPROACH

But it could also form the basis of a two-track infrastructure process that would include a smaller bipartisan bill and a larger measure that Democrats could move through Congress without Republican votes.

"It's a starting point," said Senator Joe Manchin, who has insisted that Democrats work with Republicans on infrastructure. "I'm sure that we can find a compromise."

Manchin, a moderate Democrat from heavily Republican West Virginia, is a critical swing vote in the Senate.

Biden has proposed $650 billion for roads, rail and transport, but that portion of his plan also includes a $174 billion investment in electric vehicles that is absent from the Republican framework.

Republicans would spend $299 billion on roads and bridges, $65 billion on broadband, $61 billion on public transit systems, $44 billion in airports, $35 billion on drinking water and wastewater systems, $20 billion on rail, $17 billion on ports and inland waterways, $14 billion on water storage and $13 billion on transportation and pipeline safety.

Republican Senator Pat Toomey said state and local governments that are flush with tax revenues and COVID-19 relief funding could also be asked to help pay for infrastructure projects.

Biden and his Democratic allies in Congress could need Republican support to get infrastructure through the Senate and House of Representatives.

Republicans unveil $568 billion infrastructure package to counter Biden
 

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Comments (9)
Pat Mathieu
Pat Mathieu Apr 23, 2021 3:49AM ET
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Much more reaasonable rhan 2.3T
Ariel Tamez
Ariel Tamez Apr 22, 2021 6:44PM ET
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how about being more efficient with the money the government already has or reallocating it
Notvery Goodathis
Peteymcletey Apr 22, 2021 5:25PM ET
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so it's 1/4 the price with 4x the infrastructure spending. man what world we live in
Kevin Eddlemon
Kevin Eddlemon Apr 22, 2021 4:13PM ET
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Its sad that they have to have that sign that explains what infrastructure is. Unfortunately, the commies think infrastructure includes everything under the sun
Patron Silver
Patron Silver Apr 22, 2021 3:10PM ET
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let me guess the plan includes shuttering planned parenthood locations and cutting taxes for billionaires
gary Gould
gary Gould Apr 22, 2021 3:10PM ET
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wow now ..Biden isnt a republican
Michael Kaoud
Michael Kaoud Apr 22, 2021 2:38PM ET
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More welfare for everyone!
gary Gould
gary Gould Apr 22, 2021 2:09PM ET
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another bunch of bs..from.the Kkk party..
Kevin Eddlemon
Kevin Eddlemon Apr 22, 2021 2:09PM ET
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the Democrats are the party of the KKK. look at KKK Grand Master's funeral featuring the Clinton, Senile Joe and all the other Commies
Pat Mathieu
Pat Mathieu Apr 22, 2021 2:09PM ET
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Save some money and buy yourself a history book Einstein. KKK were Democrats!
Me comment
Me comment Apr 22, 2021 1:45PM ET
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looks like the dems will be going it alone with this paltry try by the reps who want the middle class to pay for it.
Hape Fritt
Hape Fritt Apr 22, 2021 1:43PM ET
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too little too late. a perfect example of republicans weakness and why i switched parties. At least dems do EXACTLY what they say they will. republicans are weak and feckless.
Knate Biro
Knate Biro Apr 22, 2021 1:43PM ET
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at least this offer is actually about infrastructure instead of full of leftist pork unrelated to infrastructure
 
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