Biden gets serious about an infrastructure deal

President Biden.
(Image credit: Illustrated | Getty Images, iStock)

President Joe Biden seems like he might be serious about striking a bipartisan infrastructure deal. He is reportedly willing to come down to $1 trillion in new spending on the package and at least temporarily shelve his plans to raise the corporate tax rate to 28 percent in order to pay for it. Republicans have balked at the tax hike and their counteroffer clocks in at $928 billion, though with only $250 billion in new spending the two sides remain far apart.

Still, this is further than Biden went in the aborted talks to find a stimulus compromise earlier this year. After some perfunctatory negotiations with Republicans, Democrats ended up passing the $1.9 trillion bill along straight party lines. On this issue as well, the two sides began hundreds of billions of dollars apart, in total disagreement over how to pay for it, and adhering even to different definitions of what constitutes "infrastructure" in the first place. Yet they're still talking.

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W. James Antle III

W. James Antle III is the politics editor of the Washington Examiner, the former editor of The American Conservative, and author of Devouring Freedom: Can Big Government Ever Be Stopped?.