Press secretary Jen Psaki revealed Friday that the White House is offering to bring the price tag of its infrastructure package down more than a half-trillion dollars, from $2.25 trillion to $1.7 trillion, as negotiations with Republicans continue.
“In our view, this is the art of seeking common ground,” she said.
She said the new proposal trimmed some investments in research and development, supply chain manufacturing and small businesses out of the plan. It also reduced funding for broadband access to meet the level proposed by GOP lawmakers, from $100 billion to $65 billion.
Republicans had earlier countered Biden’s original plan with a $568 billion offer.
Keep reading at Fox Business.
Now if Biden will cut his latest proposal in half, by eliminating the socialist wish list that has nothing to do with do real infrastructure, it will still be too expensive, but the Republicans will be able to agree.
$ 1.7 TRILLION???? Stop the world, I want to get off!
this is the art of seeking another S&P credit downgrade.
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