Biden tells bipartisan group of lawmakers he is 'prepared to compromise' on $2.25T spending plan
Biden’s lack of defense spending sends ‘wrong message’ to Russia, China: Heritage Foundation VP
The Heritage Foundation Vice President of Nationa’ Security Lt. Col. Jim Carafano discusses President Biden’s budget plan, arguing that less military spending is a ‘real problem.’
President Biden said Monday that he is "prepared to compromise" on his $2.25 trillion tax and spending plan ahead of a meeting with a bipartisan group of lawmakers, all of whom are former governors or mayors.
"As I indicated earlier, I am prepared to compromise, prepared to see what we can do and what we can get together on," Biden said in the Oval Office at the meeting's onset. "It's a big package, but there are a lot of needs."
Attendees included Sens. John Hickenlooper, D-Col., John Hoeven, R-N.D., Angus King, I-Maine, Mitt Romney, R-Utah and Jeanne Shaheen, D-N.H., as well as Reps. Emanuel Cleaver, D-Mo., Charlie Crist, D-Fla., Carlos Giménez, R-Fla., Kay Granger, R-Texas, and Norma Torres, D-Calif.
REPUBLICANS PREPPING $650B COUNTEROFFER TO BIDEN'S SPENDING PROPOSAL
The meeting is the latest that Biden has held with lawmakers across the political aisle over the economic proposal, dubbed the American Jobs Plan. The measure calls for billions of dollars in new funding for roads and bridges, as well as transit systems, water infrastructure, broadband access, hospitals and elder care. The plan would be paid for over 15 years by raising the corporate tax rate to 28% from 21% and imposing a higher global minimum rate on U.S. businesses.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok