Biden Indicates Support For New $1 Trillion Infrastructure Plan Counteroffer

President Biden has also indicated his support for a new $1 trillion Infrastructure Plan counteroffer. According to Senators Shelley Moore Caputo of West Virginia and Roger Wicker of Mississippi, the President informed them that he’d be willing to accept a $1 trillion Infrastructure Package which is less than the $1.7 trillion counteroffer the White House announced last week. They said Biden signaled openness to that price tag and Caputo and Wicker plan to make the counteroffer tomorrow. That new offer indicates that negotiations aren’t quite over and that there’s a good chance they won’t be meeting the Memorial Day deadline.

GOP negotiators also met behind closed doors yesterday to discuss the proposal. Caputo said that the President had also suggested a package of investments over an eight-year time frame during that meeting. A Senior Administration Official said that the White House would be ‘open’ to that as a top-line total but Press Secretary Jen Psaki declined to comment. If they can’t agree on that deal, Democrats say that the President could move the proposal through the budget process to avoid a filibuster in the Senate and pass the measure along straight party lines but all 50 members in the Senate Democratic Caucus would need to sign off on the strategy.