Friday, May 28, 2021

GOP Unveils $928 Billion Infrastructure Counter-Offer

By Leslie Stimson, Inside Towers, Washington Bureau Chief UPDATE Senate Republicans on Thursday took the wraps off their $928 billion infrastructure counteroffer to President Joe Biden, as talks progressed to see whether both sides can reach a deal. GOP Sen. Shelley Moore Capito of West Virginia has led the Republican negotiations. She said she was “optimistic” about infrastructure talks with Biden but still sees a “big gap” between Republican and White House plans, according to CNBC.
The plan still includes $65 billion for broadband. Inside Towers reported last week the latest White House offer, whittled from around $3 trillion to $1.7 trillion, also included $65 billion for broadband.
Republicans and the White House have moved closer to agreement on an infrastructure plan but still need to resolve fundamental issues about the scope of a package and how to pay for it, Capito said Thursday. She said the sides are “inching closer” in negotiations ahead of Memorial Day. That’s the date by which the White House wanted to see progress in bipartisan talks. Continue Reading

No comments:

Post a Comment