GOP to Biden: We’ll Throw You 50% (or Less)
May 27, 2021
GOP to Biden: We’ll Throw You 50% (or Less) Written by Bill Wilson, Engineering Editor; and Editor-in-Chief, Railway Track & Structures
There is word that Sen. Joe Manchin III (D-W.Va.) and Sen. Mitt Romney (R-Utah) have joined together to create a bipartisan compromise.
In what could have been a slam-dunk bipartisan victory, President Biden’s proposed infrastructure bill could turn into a poorly played missed shot.
Senate Republicans have rolled out a $928 billion bill, which is less than half of Biden’s $2 trillion hope. Furthermore, only about one-quarter of the $928 billion is tied to new spending above existing levels. Still, Senate Republicans believe they have hit on most of the hot items in Biden’s proposal. The White House responded with some disappointment, stating some of the main items in the $2 trillion plan are not receiving enough funding.
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