The president has reportedly chosen a traditionally industrial city as the backdrop for his pitch for another multitrillion-dollar spending package.
PRESIDENT Joe Biden is expected to unveil his massive plan to improve the nation's infrastructure during a trip to Pittsburgh next week, choosing a traditionally industrial city as the backdrop for his pitch for another multitrillion-dollar government spending package.
[ READ: Biden Faces $3 Trillion Test With Infrastructure, Jobs Proposal ]
The plan, according to Reuters, is to introduce the proposal in the Pennsylvania city on March 31. The Biden administration has not yet provided many details on the trip, simply describing in a Wednesday news release that the president will speak about his "economic vision for the future" and plan to "Build Back Better."
The details of the package reveal a multi-pronged approach for tackling domestic issues. In addition to billions of dollars for infrastructure, the plan – which could cost about $3 trillion in total – would address inequities, create jobs and fund education programs like universal pre-kindergarten and tuition-free community college.
While it might be revealing that Biden is kicking off his infrastructure pitch in a blue-collar city like Pittsburgh, the plan is expected to contain a multi-faceted approach beyond just building and restoring bridges, highways and roads. It is reported to also include funding for clean energy, electric vehicle charging stations and other climate change solutions.
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One of the many challenges that will come with Biden's pitch is how to pay for it – a question frequently tied to any infrastructure proposal in Washington. The administration is considering tax hikes for corporations and wealthy Americans, as well as raising taxes on investment income, according to The Washington Post. The proposals will face stern opposition from Republicans.
"We're hearing the next few months might bring a so-called infrastructure proposal that may actually be a Trojan horse for massive tax hikes and other job-killing, left-wing policies," said Republican Leader Mitch McConnell of Kentucky in the Senate on Monday, according to the Associated Press.
[ MORE: Lessons Learned From Obama Lead Biden to Tout Win on Relief Package ]
But Biden might have one key ally in Sen. Joe Manchin of West Virginia, a moderate Democrat who played a key role in the recent passage of the $1.9 trillion American Rescue Plan. Manchin, a swing vote in the evenly divided chamber, is seen as vital to passing an infrastructure bill. He told reporters on Wednesday that he favors a package that would be paid for in part by making "tax adjustments" – such as raising the corporate rate – to former President Donald Trump's 2017 tax law, according to NBC News.
"I'm sure of one thing: It's going to be enormous," Manchin said.
Elliott Davis, Staff Writer
Elliott Davis is a reporter mainly serving the Government Rankings team at U.S. News & World ... READ MORE
Tags: Joe Biden, infrastructure, transportation, education, taxes, corporate taxes, tax code, Mitch McConnell, Joe Manchin, Pittsburgh, Congress
The president has reportedly chosen a traditionally industrial city as the backdrop for his pitch for another multitrillion-dollar spending package.
PRESIDENT Joe Biden is expected to unveil his massive plan to improve the nation's infrastructure during a trip to Pittsburgh next week, choosing a traditionally industrial city as the backdrop for his pitch for another multitrillion-dollar government spending package.
[ READ: Biden Faces $3 Trillion Test With Infrastructure, Jobs Proposal ]
The plan, according to Reuters, is to introduce the proposal in the Pennsylvania city on March 31. The Biden administration has not yet provided many details on the trip, simply describing in a Wednesday news release that the president will speak about his "economic vision for the future" and plan to "Build Back Better."
The details of the package reveal a multi-pronged approach for tackling domestic issues. In addition to billions of dollars for infrastructure, the plan – which could cost about $3 trillion in total – would address inequities, create jobs and fund education programs like universal pre-kindergarten and tuition-free community college.
While it might be revealing that Biden is kicking off his infrastructure pitch in a blue-collar city like Pittsburgh, the plan is expected to contain a multi-faceted approach beyond just building and restoring bridges, highways and roads. It is reported to also include funding for clean energy, electric vehicle charging stations and other climate change solutions.
Political Cartoons on Joe Biden
View All 181 Images
One of the many challenges that will come with Biden's pitch is how to pay for it – a question frequently tied to any infrastructure proposal in Washington. The administration is considering tax hikes for corporations and wealthy Americans, as well as raising taxes on investment income, according to The Washington Post. The proposals will face stern opposition from Republicans.
"We're hearing the next few months might bring a so-called infrastructure proposal that may actually be a Trojan horse for massive tax hikes and other job-killing, left-wing policies," said Republican Leader Mitch McConnell of Kentucky in the Senate on Monday, according to the Associated Press.
[ MORE: Lessons Learned From Obama Lead Biden to Tout Win on Relief Package ]
But Biden might have one key ally in Sen. Joe Manchin of West Virginia, a moderate Democrat who played a key role in the recent passage of the $1.9 trillion American Rescue Plan. Manchin, a swing vote in the evenly divided chamber, is seen as vital to passing an infrastructure bill. He told reporters on Wednesday that he favors a package that would be paid for in part by making "tax adjustments" – such as raising the corporate rate – to former President Donald Trump's 2017 tax law, according to NBC News.
"I'm sure of one thing: It's going to be enormous," Manchin said.
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Elliott Davis, Staff Writer
Elliott Davis is a reporter mainly serving the Government Rankings team at U.S. News & World ... READ MORE
Tags: Joe Biden, infrastructure, transportation, education, taxes, corporate taxes, tax code, Mitch McConnell, Joe Manchin, Pittsburgh, Congress
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