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President Biden’s been negotiating with Senate Republicans in an attempt to win votes for his once-in-a-generation American Jobs Plan infrastructure initiative, but time — and the president’s patience — are growing short, according to a member of Biden’s Cabinet.
Biden’s American Jobs Plan would refurbish and revitalize aging US infrastructure for the 21st century — while providing millions of American jobs.
Republicans, however, balk at Biden’s proposed tax increase on corporations and well-off Americans to pay for his plan.
“But the president really does believe very strongly that the current tax structure is skewed and he wants to rebalance it in favor of the middle class, the working class, and to close loopholes that allow corporations to offshore and to get away, in many cases, with not paying any income taxes. And that’s not fair either. So there are other ways of skinning the cat and that’s part of this negotiation,” said Energy Secretary Jennifer Granholm. “But ultimately, we cannot just sit and negotiate forever. We have to get to an end. I was just looking at some stats this morning, John. I mean, China invests 10 times as much in infrastructure that the United States does. That’s just not tenable for us if we want to lead.”
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