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Biden ends infrastructure talks with Capito amid disagreements on spending
President
Biden broke off negotiations with a group of GOP senators led by Sen.
Shelley Capito on Tuesday (R-W.Va.) amid disagreements regarding the
structure and size of his proposed infrastructure spending plan.
Discussions between the White House and Capito’s group were cordial, and Biden walked away feeling as though the negotiations ran their course and were in good faith, an administration source told Fox News. Talks broke down because Biden wanted Republicans to present a more significant number for infrastructure investments and because he felt their plan to pay for a proposed $1 trillion package lacked specifics.
GOP lawmakers offered a $928 billion infrastructure proposal that included roughly $330 billion in new spending on related projects. Biden had proposed a $1.7 trillion spending plan funded by tax hikes on corporations and the wealthiest Americans. CLICK HERE FOR MORE ON OUR TOP STORY.