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Steel News July 02, 2021 02:02:25 AM

McConnell Wants to Shrink Biden’s Infrastructure Plan by Two-Thirds

Paul Ploumis
ScrapMonster Author
Biden in March proposed the $2.3-trillion American Jobs Plan to “create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China.”
McConnell Wants to Shrink Biden’s Infrastructure Plan by Two-Thirds

SEATTLE (Scrap Monster): Senate Minority Leader Mitch McConnell of Kentucky indicated in May that Republicans could support an infrastructure plan about a third the size of what President Biden is seeking.

Biden in March proposed the $2.3-trillion American Jobs Plan to “create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China.” GOP critics, though, have charged that only a small percentage of the money would go toward road, bridges and similar infrastructure projects, while much of the funding would be for unrelated programs, such as those concerning electric vehicles and home care workers.

McConnell said Senate Republicans would support a $600-800 billion infrastructure bill, which he described as “the proper price tag for what most of us think of as infrastructure.”

Biden’s plan has met similar opposition in the House of Representatives, where Minority Leader Kevin McCarthy, R-Calif., said there is “not a need to spend these trillions of dollars,” and, “The real challenge is, in these great big bills, there’s just waste, fraud, abuse, but more importantly corruption.”

Courtesy: https://amsci.us      

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