Summarized from the U.S. Chamber of Commerce
Bipartisan negotiations continue on a comprehensive infrastructure modernization plan. The Biden Administration and Senate Republicans, led by Sen. Shelly Moore Capito (R-WV), have traded proposals. Both sides have committed to continuing discussions in an attempt to reach a bipartisan solution.
Last week, Senate Republicans unveiled their $928 billion infrastructure counteroffer to the Biden Administration. In response to the continued bipartisan discussions on infrastructure, U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley released the following statement:
“Today’s counteroffer from Sen. Capito and Republican colleagues represents a good faith offer and is a significant step in the right direction. Discussions between the Biden administration and Congress must continue on a bipartisan basis. Recent success at the committee level, including yesterday’s unanimously approved surface transportation reauthorization bill and a bipartisan water bill that passed the Senate 89-2, are models for addressing our nation’s infrastructure needs. Fundamental, durable policy is not achieved when one political party pushes through legislation on their own. We urge continued bipartisan discussions so our nation’s infrastructure receives the modernization it desperately needs.”
The Senate Environment and Public Works Committee approved a $311 billion Highway authorization bill on a 20-0 vote. Once, transit and financing titles are provided, the full Senate will take up the measure. The House Transportation and Infrastructure Committee is expected to bring up its version of the bill in June. Federal Surface transportation programs expire Sept. 30, 2021.
The U.S. Chamber is committed to working with Congress to enact user-based funding and financing solutions without raising the corporate and/or international tax rate. To learn more about the U.S. Chamber's Build by the Fourth of July campaign calling on Congress to enact comprehensive, bipartisan legislation before the Fourth of July and ways to get involved, visit this page.