$100 Billion for Broadband Included in Biden's Infrastructure Plan

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Speaking to reporters after arriving back in Washington after a weekend at the presidential Camp David retreat in Maryland, Biden also said there was "no evidence" his proposed corporate tax increase would drive companies away from the United States.

The spending would take place over the course of eight years and would be paid for by increasing the corporate tax rate to 28 percent from 21 percent.

Former President Donald Trump slashed the corporate tax rate to 21% from 35% - a global high - during his time in office, arguing that the rate disadvantaged the USA on the global stage and led many American business to relocate offshore.

Republicans opened the door Sunday to supporting a pared down version of Joe Biden's $2 trillion infrastructure plan, saying concentrating on physical improvements would deliver an "easy bipartisan win" for the USA president. "This confirms the Leader's interpretation of the Budget Act and allows Democrats additional tools to improve the lives of Americans if Republican obstruction continues". "That's why he felt it was a responsible proposal to make", Psaki said of Biden.

The White House conceded the debate over corporate tax hikes and Biden's proposal will continue in Congress, as the plan was still in the "early stages".

But the International Monetary Fund backed the overall idea of richer countries using taxes to reduce inequalities exposed by the COVID-19 pandemic, including progressive income taxes, inheritance and property taxes, and taxes on "excess" corporate profits.

Hunter Biden continues to debase himself and embarrass his father
No". "Not only does he talk to me every night, he calls every one of my daughters and he talks to each of them every day". Last December, it was revealed the federal prosecutors in DE were investigating the younger Biden's finances.

"I spoke with the White House a couple of times and I said: 'You have an easy bipartisan victory here if you keep this package practically focused on infrastructure", said the Republican official on the network's program. "Everybody else in the rest of the world is investing in infrastructure and we're going to do it here".

Roy Blunt, the chairman of the Senate Republican Policy Committee, called on Democrats to focus on the traditional pillars of infrastructure, "roads, bridges, ports and airports."- and not Biden's more expansive spending projects to create jobs, fight climate change, and tackle an ever-stronger China.

President Biden has argued that the infrastructure plan aims to create millions of jobs.

Granholm said Biden would prefer to enact his plan with help from Republican lawmakers but, if the GOP is not willing to cooperate when the country needs urgent action, he is willing to lead Democrats to get it done alone.

Blunt, a veteran member of the Senate leadership team, nonetheless displayed a more conciliatory tone than the Republican leader in the Senate, Mitch McConnell, Who promised a few days ago to fight Biden's plan "at every step".

"I don't think in the next 50 years we're going to see another time when we have this combination of a demonstrated need, bipartisan interest, widespread impatience and a president that is committed to it", Buttigieg said.

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