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Senators Say They’re Nearing Agreement on Infrastructure Plan
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June 22, 2021
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0:49
0:54Now PlayingThe bipartisan group of senators trying come up with an infrastructure compromise say they are moving closer to agreement on a proposal but are still wrangling with how to pay for their plan in the face of White House opposition to indexing the gasoline tax to inflation.
Rob Portman, an Ohio Republican and one of the leaders of the group, said Monday the senators are requesting a meeting with White House officials on Tuesday and plan to draw up a “fleshed out” framework for a proposal this week.
One of the sticking points continues to be coming up with a way to pay for their $579 billion plan. Two of the negotiators, Jon Tester, a Montana Democrat, and Susan Collins, a Maine Republican, said the idea of indexing the motor fuels tax to inflation is all but dead.
The administration has been pushing Biden’s plan to bolster funding for Internal Revenue Service enforcement to collect from tax cheats. The group has proposed limited new revenue from bolstering IRS enforcement but far short of the amount the White House estimates could be recouped in unpaid taxes. Portman said they also are looking at raising revenue from airwaves sales and fees from major polluters.
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