Biden faces Democratic and Republican barriers over $ 2 tonne infrastructure plan – live | US news

Rep. Peter DeFazio (D., Ore.), The chairman of the Home Transport and Infrastructure Committee, said he does not think it is necessary to pay for the full cost of the plan through tax increases. Mr. DeFazio said it would support an increase in gas and diesel taxes to pay for the new investments over time, as well as more loans to cover part of the cost. …

Rep. Josh Gottheimer (D., NJ) said he wants to see the Biden government consider alternatives to raising corporate taxes to try to garner Republican support. “I think, if it’s a non-starter for the Republicans, and that means we can not get a two-party, I’m eager to hear their other ideas,” he said. He cites user fees as one possibility.

Mr. Gottheimer and other New York lawmakers also demanded that Congress restore the state and local tax deduction, which is limited to $ 10,000 in the 2017 tax law. [House speaker Nancy Pelosi] said she was sympathetic to the idea, while the White House said lawmakers should suggest a way to pay for the deduction.

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