President Joe Biden took a tour of Ohio College before touting his trillion dollar infrastructure proposal.
Watch Biden’s remarks lin the video player above.
This comes as Republican senators outlined a $928 billion infrastructure proposal Thursday that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.
The Republican offer would increase spending by $91 billion on roads and bridges, $48 billion on water resources and $25 billion on airports, according to a one-page summary released by the GOP negotiators.
It also would provide for one-time increases in broadband investments, at $65 billion, and $22 billion on rail.
Republicans have rejected Biden’s proposed corporate tax increase to pay for new investments, and instead want to shift unspent COVID-19 relief dollars to help cover the costs, a nonstarter for many Democrats.
With about $250 billion in new spending, the GOP plan falls short of the more ambitious proposal outlined in the president’s American Jobs Plan. In earlier negotiations. Biden reduced his $2.3 trillion opening bid to $1.7 trillion.
Biden, in an economic address later Thursday in Cleveland, planned to present “head-on” the choice before Congress and the country, according to a White House official, framing the argument as whether Americans want to keep giving breaks to corporations or invest in modernizing infrastructure. The official was not authorized to publicly discuss Biden’s remarks before the president’s speech and spoke on condition of anonymity.
White House press secretary Jen Psaki made clear the administration’s concern that the new proposal “still provides no substantial new funds for critical job-creating needs” and fails to spell out how Republicans would pay for the programs.