After another cordial White House infrastructure meeting, GOP is still a no on raising corporate taxes

Oval Office infrastructure meeting
(Image credit: Doug Mills-Pool/Getty Images)

President Biden hosted another bipartisan group of 10 lawmakers on Monday to discuss his infrastructure proposal, and once again everyone said the meeting was cordial and respectful, Biden and his guests expressed a willingness to compromise on the size and scope of the bill, and the Republicans said they won't support raising the corporate tax rate to pay for the package.

Biden wants to raise the corporate tax rate to 28 percent, from 21 percent, to fund $2.25 trillion in spending. Sen. Joe Manchin (D-W.Va.) has suggested a 25 percent rate, and there's speculation Democrats will settle around that number. "You could see a 2 or 3 percent increase — maybe not all the way to 28 but 25," Rep. Charlie Crist (D-Fla.), who was at Monday's meeting, told The Wall Street Journal. GOP lawmakers were "more in favor of user fees so that whoever was benefiting from that particular infrastructure project would be paying for it in the long run," said Rep. Carlos Giménez (R-Fla.), another participant.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.