Senate GOP Preparing Infrastructure Counteroffer

Last week, the White House scaled back its proposal to $1.7 trillion.

There appears to be movement toward compromise on infrastructure. Republicans are preparing a new counteroffer for the White House.  One Senator told reporters the GOP proposal would be close to $1 trillion, which is around what President Biden said he'd accept.  It would include pay-fors like repurposing unspent COVID money, but would not raise corporate tax rates.