WASHINGTON — Beyond roads and bridges, President Joe Biden is trying to redefine infrastructure not just as an investment in America the place, but in its workers, families and people.
Sanders is encouraging the White House to go even further by lowering the Medicare eligibility age from 65 to at least 60 and expanding its health benefits to include dental care, eye glasses and hearing aids for seniors. He said new benefits could be paid for by allowing the federal government to negotiate for lower prescription drug prices.
Funding Biden’s infrastructure initiative with tax hikes has been controversial. But the administration appears to have decided on using many of the tax hikes proposed during the campaign, said a U.S. Chamber of Commerce official, who discussed private conversations on condition of anonymity. This would most notably include raising the corporate tax rate to 28% from 21%.
Sweeping in scope, the ambitious plan aims to make generational investments in infrastructure, revive domestic manufacturing, combat climate change and keep the United States competitive with China, according to administration officials. The administration is setting the political pace and tone for this next big priority in Biden's agenda. The COVID-19 bill, though broadly popular with voters of both parties, exposed the president to criticism for going it alone with only Democratic votes. White House officials believe this time there will be far more opportunity to win some GOP support and they plan significant outreach on Capitol Hill.
The Chamber official said the administration is genuinely interested in working with Republicans on infrastructure, even though the tax hikes would likely be a nonstarter. The organization encouraged the administration to pay for the construction with user fees such as tolls. The Chamber official said the tax changes could wipe away the economic gains from improving infrastructure.
3-4 trillion infrastructure bill would mean about 500 billion in actual infrastructure spending the rest would go to liberal pet projects and special intrests. Maybe a few million going into research of transgender whales.
This: “developing the human capital of America's population” wouldn’t even BE an issue if America wasn’t overrun with GREED!
Guess what, if the rich paid taxes, the Gov wouldn’t be in debt to anyone, but you people keep making laws to help the rich EVADE paying taxes, so.....
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