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Biden promotes $2.3T plan directly to public

GOP supports 'much more modest' approach

WASHINGTON — With an appeal to think big, President Joe Biden is promoting his $2.3 trillion infrastructure plan directly to Americans, trying to summon public support to push past the Republicans lining up against the massive effort they sum up as big taxes, big spending and big government.

Republicans in Congress are making the politically brazen bet that it’s more advantageous to oppose the costly American Jobs Plan, saddling the Democrats with ownership of the sweeping proposal and the corporate tax hike Biden says is needed to pay for it.

He wants the investments in roads, schools, broadband and clean energy approved by summer.

“They know we need it,” Biden said of the Republicans as he returned to Washington on Monday. “Everybody around the world is investing billions and billions of dollars in infrastructure, and we’re going to do it here.”

The standoff almost ensures a monthslong slog as Congress hunkers down to begin drafting legislation and the White House hopes that continued public attention will drum up support.

Senate Republican leader Mitch McConnell declared plainly on Monday that Biden’s plan is “something we’re not going to do.”

Speaking to reporters in Kentucky, McConnell said Republicans could support a “much more modest” approach, and one that doesn’t rely on corporate tax hikes to pay for it.

The 2017 GOP tax bill, which all the Republicans voted for, slashed the corporate rate from 35% to 21% to usher in a new era of American investment and job creation, yet growth never came close to the promised levels and the economy fell into a recession because of the pandemic.

Biden proposes raising the rate to 28% and instituting a global minimum rate to dissuade companies from relocating in lower-tax havens.

On Monday, Sen. Joe Manchin, D-W.Va., indicated he would prefer a corporate tax rate at 25%, lower than what Biden is proposing.

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