Biden meets with bipartisan group of lawmakers on infrastructure
CBSN
President Biden reached agreements on some points on infrastructure during a meeting with bipartisan members of Congress, although there will still be hurdles if the president wants this push to have bipartisan support.
Mr. Biden has pitched a $2.3 trillion infrastructure proposal aimed at boosting the economy, renovating landmarks, rebuilding roads and bridges, rebuilding schools and spending billions fighting climate change. During the meeting, the president said he's prepared to negotiate both on the extent of the package and on how to pay for it. Mr. Biden said he's confident the infrastructure push will work out. The infrastructure proposal currently includes a 28% corporate tax rate, which moderate Democratic Senator Joe Manchin has already said is too high. Manchin has said he could be more amenable to a 25% corporate tax. And Republicans have criticized the proposal for including things beyond more than just physical infrastructure, like roads and bridges.
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