When putting “supply on the table,” Republican senators unveiled a $ 568 billion infrastructure plan


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Diving Brief: In response to President Joe Biden’s $ 2.3 trillion US jobs plan, Republican senators unveiled a $ 568 billion “infrastructure framework” package yesterday. Lawmakers have not provided specific details of how to pay for their plan, which includes improvements to roads, transportation systems, airports and broadband internet over five years. They released a two-page document calling for user fees for electric cars and reallocation of current federal spending, while opposing the corporate tax increase that is part of Biden’s plan. Republican senators have indicated that they want to work with fellow Democrats toward a bipartisan plan. “We see this as an offer on the table that deserves a response,” Senator Shelley Moore Capito (RW.Va.) said in yesterday’s announcement. “I think we will get a response. We are looking forward to that and we are ready to act.” Dive Insight: The Republican Roadmap breaks down infrastructure spending into the following categories: $ 299 billion for roads and bridges, up from the $ 115 billion in the Biden plan. $ 61 billion for public transportation systems. $ 44 billion for airports. $ 20 billion for the railways. $ 35 billion for drinking water and sanitation systems. $ 65 billion for broadband. $ 17 billion for inland ports and waterways. $ 14 billion for water storage. $ 13 billion for safety, including highways, pipelines, and hazardous materials safety. The offer is a fraction of Biden’s proposal, which is likely to curb his support among Democrats, according to the Wall Street Journal. However, construction industry groups said the proposal is a first step to meet the country’s dilapidated infrastructure needs. Brian Turmale, Vice President of Public Affairs and Strategic Initiatives at Associated General Contractors of America, said. “We are very encouraged by this process for a bipartisan proposal.” Michael Bellaman, President and CEO of Associated Builders and Contractors, said he is happy that the plan does not require any new corporate taxes. “The Republican infrastructure framework will serve the American public well, as it focuses on safety, national security, and resilience,” he said in a statement sent to Construction Dive. He also indicated that he calls for speeding up the licensing process, reducing regulatory burdens, and adopting technology and innovation. “All of this can reduce costs and improve productivity to provide more infrastructure projects for every dollar spent,” he said. White House response Senate Republicans have criticized the Biden plan as being too large and extending the traditional definition of infrastructure. Instead, the Republican proposal focuses on improving the country’s physical infrastructure, Capito said. “We’ve talked a lot about this … What do people in our states think of when they think about infrastructure? Roads and bridges; public transportation systems; railways – which could be cargo, commuter rail, water and sewage … ports and waterways. Interior, airports, broadband … and finally, water storage and safety. ” President Biden indicated earlier this week that he was open to compromise on the issue and at a news conference yesterday, White House Press Secretary Jane Psaki said the Republican proposal was a good first step toward finding common ground. “We certainly welcome any goodwill effort,” Psaki said. “We certainly see it that way, but there are a lot of details that need to be discussed.”


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