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Home / US / Biden faces Democratic and Republican obstacles to a $200 billion infrastructure plan-Real Time | US News

Biden faces Democratic and Republican obstacles to a $200 billion infrastructure plan-Real Time | US News



representative Peter De Fazio The chairman of the House Transportation and Infrastructure Committee (D., Ore.) said that he does not think tax increases are necessary to cover the full cost of the plan. Mr. Di Fazio said that he will support the increase in gasoline and diesel taxes to pay for new investments over time, and the increase in borrowing to cover some of the costs. …

representative Josh Gottheimer The State of New Jersey (D., N.) said he hopes that the Biden administration will consider alternatives to increasing corporate taxes in order to seek Republican support. He said: “I think from a corporate perspective, if this is not a beginner in the Republican Party, it means that we cannot achieve bipartisan cooperation. I would love to hear their other ideas.”

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Mr. Gottheimer and other members of the New York area also insisted that Congress restore the deductions for state and local taxes. The 2017 tax law sets a maximum deduction of $10,000 for this tax.[Housespeaker[Housespeaker[众议院议长[HousespeakerNancy Pelosi] She said she sympathized with the idea, while the White House said that lawmakers should propose a way to pay the deduction.


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