
Posted on April 22, 2021
U.S. Sen. Shelley Moore Capito, a West Virginia Republican, told reporters Tuesday, April 20, she anticipates GOP lawmakers will provide their own infrastructure proposal “in the next several days.” It won’t be detailed, but it will have a top-line number and include projects and how to pay for them, said Capito, who floated a $600 billion to $800 billion figure last week, far below Biden’s plan.
“You will be able to see a contrast,” Capito said.
“When you look at the Biden administration plan, even if he used the most generous definition including broadband and water infrastructure and so on, transit and so on, it’s probably 20% of the plan,” he said. “So we’re trying to narrow it down to infrastructure. And then of course, we’re looking at ways to pay for it.”
Capito has called rolling back the 2017 corporate tax cut a “red line,” however, and Senate Minority Leader Mitch McConnell has said he didn’t think any Republicans wanted to undo that law. Biden has proposed increasing the tax on corporations to 28% from the 21% rate set in the GOP tax cut law.
Some Republicans, including Utah Sen. Mitt Romney, who was among a bipartisan group of lawmakers who met with Biden on Monday, are advocating raising user fees to pay for infrastructure projects, such as highways, rail lines, ports and airports.