President Joe Biden reportedly expressed willingness to lower the cost of his infrastructure plan in a meeting with a top Republican Wednesday, although both parties remain far apart regarding the total scope of the spending and on other important infrastructure-related concerns.
According to The Washington Post, Biden told Senator Shelley Moore Capito (R-WV), the lead Republican negotiator in infrastructure talks, that he wants at least $1 trillion in new spending for a deal. Biden’s previous plan called for $1.7 trillion in new spending, over the next eight years, which he said would be paid for with corporate taxes within 15 years.
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