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White House offers GOP lower $1.7T infrastructure plan | Business News

May 21, 2021 by Staff Reporter

“If they’re willing to settle on target a infrastructure bill without revisiting the 2017 tax bill we’ll work with them,” McConnell told Fox’s Larry Kudlow, a former Trump adviser. But McConnell, R-Ky., said a package topping $2 trillion or more “is not going to have any Republican support.”

Friday’s meeting was constructive and hopeful, said two administration officials granted anonymity to discuss the private talks.

The new offer from the White House was intended to make a good faith effort at compromise, and to prod Republicans to put a more substantive counteroffer on the table, the officials said.

In earlier talks, latest offer from GOP lawmakers left some dismay in the administration that there wasn’t more movement from their initial $568 billion proposal..

There was “not a significantly changed offer” from the Republicans during their meeting with the administration this week, according to a person who spoke on condition of anonymity to discuss the private negotiations.

The White House’s hopes for a bipartisan deal on infrastructure have cooled but they have not abandoned the effort, according to an administration official, who was not authorized to publicly discuss about the private conversations and spoke on condition of anonymity. There was some dismay that the Republican counteroffer did not substantially budge from the party’s original $568 billion proposal, leaving it far short of the White House’s plan, according to the official.

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