From left, Sen. Shelley Moore Capito, R-W.Va., the GOP’s lead negotiator on a counteroffer to Joe Biden’s infrastructure plan, is joined by Sen. John Barrasso, R-Wyo., chairman of the Senate Republican Conference, Sen. Pat Toomey, R-Pa., and Sen. Roy Blunt, R-Mo. (AP Photo/J. Scott Applewhite)
UPDATED 2:23 PM PT – Thursday, May 27, 2021
A group of Republican senators countered Joe Biden’s massive infrastructure plan with a more modest amount during a news conference at the Capitol on Thursday. The GOP lawmakers made the offer that proposed a $928 billion plan to be spent over eight years.
The plan would allocate an additional $91 billion to roads and bridges, $48 billion to water resources and $25 billion to airports. It would also provide a one-time increase in broadband investments.
Biden’s latest offer to Republicans landed at $1.7 trillion, which is $600 billion less than his original offer. However, GOP lawmakers stand strong in their decision to keep Biden from raising corporate taxes. Therefore, the discussion continues.
Sen. Shelley Moore Capito (R-W.Va.) said the small group of Republicans believe their counteroffer is the right step towards a bipartisan compromise. The group has maintained a strong stance against Biden’s tax hikes and have continued to advocate for the reallocation of unused COVID-19 funds.