Pres. Biden Wants to 'Close Down' Infrastructure Negotiations 'Soon'

Pres. Biden Wants to 'Close Down' Infrastructure Negotiations 'Soon'

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Social Studies

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The President aims to finalize a deal, meeting with Senator Shelley Moore Capito after Republicans proposed a $928 billion infrastructure counteroffer. Despite Congress being on holiday, the White House is working to make progress. The President emphasizes the urgency of action. The White House and Republicans are over $700 billion apart in their proposals, with disagreements on funding methods. The White House prefers raising corporate taxes, while Republicans suggest using COVID relief funds. Concerns include funding for job-creating projects and the scope of infrastructure.

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