Louisiana President Joe Biden Promotes Infrastructure Plan Thursday

Video Source: YouTube, WWLTV


President Joe Biden pushes forward with a credible Republican claim for a $ 2.3 trillion infrastructure plan in Louisiana. This directly challenges GOP lawmakers who say low taxes on businesses and the wealthy will drive economic growth.

Biden set out on Thursday for the presidency and chose to speak in the city of Lake Charles in front of a 70-year-old bridge, which was 20 years past its designed life.

Byden is involved with Republicans in Washington, with the idea that a corporate tax hike could provide $ 115 billion for roads and bridges, and hundreds of billions of dollars to upgrade the grid and make water systems safer. I’m trying to sell voters. Rebuild your home and start building your electric car in a hurry.

Whitehouse officials who insisted on anonymity to discuss speeches before delivery said Biden would make the country stronger than programs designed to strengthen the middle class by tax cuts for large corporations and CEOs. He said he would ask the voters basic questions.

Biden hinted at this theme when answering a question from a reporter after Wednesday’s speech at the White House.

“What makes America grow more?” Biden said. “What can help you and your security even more? Do the ultra-rich people have to pay 3.9% less taxes, or do all generations of Americans have an associate degree?”

Then Biden began whispering. It grows the economy. It benefits everyone. No one will hurt. “

Republican lawmakers have doubled low taxes as a central pillar of their ideology and partisan identity. Some Republican senators support spending $ 568 billion on infrastructure over a five-year period. This is just a small part of what the Democratic president has proposed. This shows how difficult it is to trade.

Kentucky Senate Minority Leader Mitch McConnell said the Republican Party wanted to fund the infrastructure through user fees such as tolls and fuel taxes, but he didn’t specify which fee to repay. ..

“We are open to implementing a package of about $ 600 billion. This is a payment method other than resuming the 2017 tax reform bill, with all of us agreeing to be infrastructure. We’ll deal with discussing about it, “McConnell said on Monday at the University of Louisville.

The Biden administration believes the message could be replayed in Louisiana, the last supporter of the Democratic presidential candidate in 1996. Louisiana has been hit by 30 extreme weather events over the last decade, causing $ 50 billion worth of damage. Biden wants $ 50 billion to make its infrastructure resistant to storms, winds and floods.

The hurricane hit Lake Charles twice last year, which is home to 78,000 inhabitants over a six-week period. Biden will also visit New Orleans aquatic plants.

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His infrastructure package was endorsed last week in a newspaper editorial by Republican Mayor Lake Charles Nick Hunter and Democrat Mayor Shreveport Adrian Perkins.

“Unfortunately, our dilapidated infrastructure and local government budgets can’t stand the tensions of the ever-increasing storms,” ​​they write. “As mayors of the great American cities of the South, we wake up at night for fear of each anticipated storm.”

There is a general agreement between Democrats and Republicans in Washington about the need for infrastructure spending. However, Biden’s proposal for Republican support has two important hurdles.

First, Republican lawmakers will prefer a narrower definition of infrastructure focused on roads, bridges, airports, transportation and broadband over renewable energy and access to caregivers. Second, they oppose Biden’s proposal to pay for his plans by revoking the 2017 tax cut signed by President Donald Trump. Biden is trying to raise the corporate tax rate from 21% to 28%.


Source: Associated Press, WWLTV

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