After four years of an estimated 631 “Infrastructure Week” announcements during the previous administration, the Biden Administration will meet with a bipartisan group of Congressmen and Senators to push his $2.25 trillion jobs and infrastructure bill, the American Jobs Plan, the Washington Post reports.
While Vice President Kamala Harris visits an electric school bus manufacturer in North Carolina, President Joe Biden will meet with members of Congress to work out differences between the Parties’ proposals. Republican Senators has proposed a far more modest $600 billion proposal that excludes infrastructure plans for anything other roads and bridges, excluding projects for internet broadband, the power grid and water lines.
Democrats want the infrastructure plan to include a revocation of the $10,000 cap on state and local taxes being tax exemptions, known as SALT, which the GOP enacted in its 2017 tax bill, which overwhelmingly benefited the wealthiest Americans. SALT deductions allow people to deduct taxes paid to other government entities, preventing a double taxation on things like property taxes and mortgage interest.