Infrastructure

The Biden administration is not considering a hike to the federal gasoline tax as a way to help pay for infrastructure, the White House said Tuesday.

Biden met with lawmakers from both parties at the White House on Monday as he tries to win support for his more than $2 trillion infrastructure plan.

The Biden White House is amplifying the push for its $2.3 trillion infrastructure package with state-by-state breakdowns showing the dire shape of roads, bridges, the power grid and housing affordability

Rishi Kapoor, co-CEO at Investcorp, said there appears to be “bipartisan acceptance” in the U.S. for an upgrade of the country’s infrastructure.

As Biden tries to curry favor for a corporate tax hike, the administration has other ways it could fund a $2 trillion infrastructure plan.

President Biden has said he wants to hear out Republican ideas for infrastructure, but signaled he would move forward with a bill without them.

Sue O’Connell sat down with Bill Howard, editor of Forbes Wheels, to talk about some of the proposals in President Joe Biden’s infrastructure bill that everyone can agree on.

Secretary of Energy Jennifer Granholm voiced support for President Joe Biden’s infrastructure legislation on Thursday, saying that the bill would create “millions” of jobs in the green technology and energy fields. “We want to create good paying jobs all across the country,” Granholm said. “And there will be millions of them if this is passed.”

“I’m willing to listen to that,” Biden said when asked if he would consider a lower corporate tax rate than 28%, as his plan currently calls for.

Adeyemo said the White House’s broad interpretation of infrastructure is not only favored by progressives, but by Wall Street, too.

The Biden administration is drilling down on the argument that higher corporate tax rates would ultimately help an ailing economy

The Wharton School estimates that Biden’s infrastructure plan would reduce U.S. debt by 6.4% and GDP by 0.8% in 2050.

If you think Biden’s infrastructure plan is all hard hats, roads and bridges, and climate, you have not been paying attention to interests of working women.

In one of their first joint in-person appearances in Maine during the COVID-19 pandemic, three of Maine’s four members of Congress toured the Bath Iron Works and Portsmouth Naval Shipyard facilities on Tuesday. Sens. Angus King and Susan Collins, along with U.S. Rep. Chellie Pingree, were hosting the acting secretary of the U.S. Navy, Thomas Harker. While their tour...

Three of Maine’s four members of Congress toured a shipbuilding facility with the acting U.S. Navy secretary and gave their thoughts on President Joe Biden’s plan to fund infrastructure.

Senate Democrats could now have three chances to pass a bill without Republican votes through budget reconciliation.

President Joe Biden’s first Cabinet meeting looked and felt different from those held by his predecessor

McConnell’s comment all but assures Democrats will have to pass a more than $2 trillion infrastructure plan on their own.

President Biden hopes to pass a $2 trillion infrastructure and economic recovery package to jolt the economy after approval of a Covid relief plan.

President Joe Biden has outlined a huge $2.3 trillion plan to reengineer the nation’s infrastructure over the next eight years