Mitch McConnell signals smaller infrastructure deal within reach ahead of GOP talks with Joe Biden

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Mitch McConnell signals smaller infrastructure deal within reach ahead of GOP talks with Joe Biden
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McConnell's $600 billion is far less than what Biden is seeking for infrastructure, but his remarks were the strongest signal yet that a smaller bipartisan deal could be reached.

In a press conference in Kentucky, McConnell made clear that Republicans wouldn't support the high cost of President"I think it's worth talking about but I don't think there will be any Republican support—none, zero—for the $4.1 trillion grab bag which has infrastructure in it but a whole lot of other stuff," the senator said.

He added:"We're open to doing a roughly $600 billion package which deals with what all of us agree is infrastructure. If it's going to be about infrastructure, let's make it about infrastructure." Senate Minority Leader Mitch McConnell on Monday signaled that a smaller infrastructure deal is possible ahead of GOP negotiations with Joe Biden.Biden's plan is divided into two parts: a $1.8 trillion American Families Plan that would allocate funds for education and tax cuts for families, and a $2.3 trillion American Jobs Plan that would boost infrastructure, create high-paying jobs to facilitate innovation, and strengthen manufacturing.

McConnell's $600 billion is far less than the $2.3 trillion that Biden is seeking for infrastructure, but his remarks were theOn April 22, a group of Republicans proposed a $568 billion counteroffer to Biden's $2.3 trillion American Jobs Plan as the party stepped toward bipartisan negotiations. They called their offer a good faith effort, but the package fell between the $600-$800 billion that members of the GOP floated earlier that week.

Biden wants to fund his plan by raising taxes on capital gains and wealthy individuals, but McConnell strongly warned that"revisiting the 2017 tax bill" was a non-starter."We're not willing to pay for it by undoing the 2017 bill," he said.

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