Biden’s Infrastructure Plan Meets Skepticism, Signaling Fight to Come

Speaker Nancy Pelosi of California has suggested to Democrats that she hopes to move the plan through the House before July 4, an ambitious timeline that could easily slip as lawmakers rush to iron out the details. Punchbowl News first reported the tentative timeline.

Ms. Pelosi and other top Democrats in both chambers were quick to dole out effusive praise for the president’s proposal after he outlined it in a speech in Pittsburgh on Wednesday. The plan, Ms. Pelosi said in a statement, “is a visionary, once-in-a-century investment in the American people and in America’s future.”

Representative Peter A. DeFazio of Oregon, the chairman of the Transportation and Infrastructure Committee, said the package “makes the kind of investments that I believe we should be making to move our infrastructure out of the 1950s and into the modern era.”

Mr. Biden is expected in the coming weeks to unveil the second plank of his infrastructure proposal, which is expected to focus on what liberal lawmakers have begun to refer to as the nation’s human infrastructure, investing in education, child care, paid leave and tax credits intended to help families.

Democrats will also have to iron out differences among themselves over changes to the tax code to pay for both pieces of Mr. Biden’s plan. Multiple Democrats, including Representatives Josh Gottheimer of New Jersey and Tom Suozzi of New York, have said they will insist on reversing a change included in the 2017 tax overhaul that hurt high earners in states like New York and California.

They want to roll back the limit on the state and local tax deduction, known as SALT, which prevents households from deducting more than $10,000 a year from their federal tax bills.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button