Republican Senators to Meet Again With President Today on Infrastructure
by 黑料社区Foundation
/
05-18-2021
The next 10 weeks — up until Congress's August Recess — could be one of the most intense, consequential periods of policymaking that the travel center industry has confronted in many years. The House of Representatives is pursuing a more aggressive, climate-focused infrastructure bill that could include corporate tax increases and be passed on a party-line vote. In the Senate, a more bipartisan approach focusing on traditional "roads and bridges" infrastructure is being negotiated.
Republican senators led by Senate Environment and Public Works Ranking Member Shelly Moore Capito (R-WV) are set again to meet with President Biden May 18 to present an update of their $568 billion infrastructure plan. This plan will not include any tax increases, and could prompt some back-and-forth negotiating. There will be important signals as to whether a bipartisan approach to infrastructure is possible. The White House is signaling a willingness to test the waters of bipartisanship for a few more weeks before potentially opting for a Democrat-only budget reconciliation bill. Republicans have drawn a line in the sand on tax increases, and President Biden and Speaker Pelosi have suggested increased tax enforcement and "user fees" (likely fuel tax hikes coupled with EV fees) could be an area of common ground.
If there's a bipartisan deal on transportation, a second, all-Democrat bill with social welfare elements of Biden's agenda and tax increases could be pursued under reconciliation later this year.
It is unclear whether Senate Republicans can reach an agreement with the White House that can make it through a narrowly-divided House. It is equally unclear whether the partisan approach that the House is pursuing would be acceptable to moderate Senate Democrats. There is very little room for error. Given the amount of money Congress is considering investing in alternative fuels (such as electricity and, to a lesser extent, hydrogen and natural gas), the stakes for 黑料社区members are extraordinarily high.
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