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GOP Prepared to negotiate smaller infrastructure Invoice: Wicker

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GOP Prepared to negotiate smaller infrastructure Invoice: Wicker


"We are eager to negotiate on a infrastructure bundle. And that trillion dollar amount is far too large for me I'll only say -- but discussion needs to be something distinct from that which we had on the rescue program," he continued.

"The government roundly dismissed our attempt as wholly inadequate so as to warrant its go-it-alone plan," the announcement read. "Greater than 24 hours after our meeting in the Oval Office, the Senate Democratic Leader started the procedure for tripping balancing that precluded Republican involvement and enabled for the bundle to pass without one Republican vote."

Stephanopoulos requested Wicker to react to Energy Secretary Jennifer Granholm, who appeared at a previous interview on"This Week"

"You only heard Secretary Granholm, there, stated the only way America will win is when they overlook this bundle now," Stephanopoulos said.

"Well, listen, we are eager to negotiate a much bigger package," Wicker said. "Americans voted for a pragmatic medium they believed Joe Biden was. Where's that centrist candidate that they believed they were voting for back in November of this past year?"

Biden has stated that he welcomes discussion about his $2 trillion program but added a concentrated infrastructure bill suggested by the GOP"is simply not rational."

Wicker clarified why the GOP needs a smaller infrastructure bundle.

"You have got a proposition here of this $2.3 trillion, 70 percent of which can't by any stretch of the imagination be called infrastructure," Wicker said.

"That is a huge social welfare spending application together with a huge tax increase on small business job creators," he continued. "I can not think of a tax to place on the American public than -- compared to increase taxation on small business job creators, and that's exactly what this bill would do."

Stephanopoulos pushed Wicker on why the GOP isn't reconsidering its resistance to some corporate tax increase to finance infrastructure following a few of America's most important businesses expressed support for this, to a degree lower than it had been before former President Donald Trump's tax cuts went into effect.

The corporate tax rate stood at 35 percent before the Trump government's tax cuts that fell it to 21 percent. Biden's suggestion will increase the speed to 28 percent.

"Back in February of 2020, prior to the COVID downturn hit usunemployment rate was 3.5 percent, an unheard of reduced quantity."

"I feel that the tax bundle of 2017 was our signature achievement, and it ushered in -- and was going to usher in prior to the pandemic took more -- it was going to usher in much greater economic expansion," he continued.

Even though it seems a corporate tax growth is a non-starter for Republicans, Wicker stated they continue to be inclined to go large on infrastructure.

"I believe we could get someplace and have a far larger infrastructure bundle than we managed to perform under the previous government." Wicker said.

"I am in favor of this, and I feel that the vast majority of Republicans are, and we all could find a good deal of Democrats to assist us ," he added.

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