Biden ends talks with GOP on infrastructure, turns to Plan B

President to seek votes from congressional Republicans individually

National /
Jun.June 09, 2021 08:35 AM
Senator Shelley Moore Capito and President Joe Biden (Getty)

Senator Shelley Moore Capito and President Joe Biden (Getty)

Following a week of fruitless negotiations with Senate Republicans to fund a $1 trillion infrastructure plan, President Joe Biden ended the talks without a deal.

The failed bargaining efforts concluded with a Tuesday call with Sen. Shelley Moore Capito of West Virginia, the lead Republican negotiator, the New York Times and other outlets reported.

Republicans had long been unwilling to support the plan, given the spending required and tax hikes needed to fund the package. It was originally to cost $2.3 trillion, but that number had been slashed in the attempt at compromise.

The inability to reach a consensus means Biden must seek votes elsewhere. Sensing an opportunity, the Problem Solvers Caucus, a bipartisan group of House members, on Tuesday drafted a proposal for $761.8 billion in spending over eight years, in addition to the $487.2 billion that Congress was already likely to enact, according Bloomberg,

Still, money for the plan remains elusive. The group will now work on determining a series of funding measures in coordination with members of the Senate.

Under the Problem Solvers’ plan, $959 billion would be allocated for transportation, $200 billion for energy including for energy-efficient housing, and $90 billion for “asset neutral” investments, such as freight.

[NYT, Bloomberg] — Sasha Jones






    Related Articles

    arrow_forward_ios
    Chicago Mayor Lori Lightfoot (Getty)
    Lightfoot proposes affordable housing ordinance overhaul
    Lightfoot proposes affordable housing ordinance overhaul
    US Steel’s sprawling South Works site is about the size of Downtown Chicago. At left, Common, who wants to partner with developers on a mixed-use entertainment district there, and Dan McCaffery, whose vision for a 13,000-home community fizzled out. (Credit: Common by Paras Griffin/Getty Images; McCaffery via McCaffery Interests; aerial by Cushman & Wakefield)
    South Works, the 415-acre “magnificent property,” is Chicago’s biggest development opportunity
    South Works, the 415-acre “magnificent property,” is Chicago’s biggest development opportunity
    SEC chair Jay Clayton (Credit: Getty Images)
    SEC investigating financially troubled housing nonprofit
    SEC investigating financially troubled housing nonprofit
    Ald. Andre Vasquez (40th) and 5500 N. Wolcott Ave. (Credit: Google Maps)
    Ald. Vasquez says Temple Steel campus won’t give way to luxury housing
    Ald. Vasquez says Temple Steel campus won’t give way to luxury housing
    Clockwise from top left: 6449 N. Washtenaw Avenue, 6330 N. Oakley Avenue, 4640 S. Keating Avenue, 3983 S. Lake Park and Owner of Coleman Development Corp., Lester Coleman (Credit: Apartments and Coleman Development)
    Coleman construction charged with misrepresenting status as minority-owned business
    Coleman construction charged with misrepresenting status as minority-owned business
    Amazon CEO Jeff Bezos and Mayor Roger Claar with the Bolingbrook property along route 53 and (Credit: Google Maps, Getty Images)
    Bolingbrook mayor absolutely hates Amazon’s 825K sf real estate project
    Bolingbrook mayor absolutely hates Amazon’s 825K sf real estate project
    Trump International Hotel & Tower and Donald Trump (Credit: Trump and Getty Images)
    Trump Tower tax appeal is under investigation
    Trump Tower tax appeal is under investigation
    Lori Lightfoot, Alderman Roberto Maldonado (26th) and Alderman Carlos Ramirez-Rosa (35th) with The 606 trail (Credit: Wikipedia and Getty Images)
    Not so fast: Lightfoot pushes back on move to halt development by 606
    Not so fast: Lightfoot pushes back on move to halt development by 606
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...