(WLAX/WEUX) – President Joe Biden plans to discuss his infrastructure bill with congress this week. However, democrats and republicans are not seeing eye to eye. Fox News Correspondent David Spunt has the latest.
President Biden wants to increase the corporate tax rate from 21 to 28 percent but many moderates, including Democratic Senator from West Virginia Joe Manchin, say, listen, let’s meet in the middle, maybe closer to 25 percent.
President Biden will meet with republican and democratic members of Congress on Monday at the White House to hash out some of those differences.
The president’s plan is to make sure American companies are paying taxes to help with infrastructure. The White House looking at two-and-a-half trillion dollars over the next 15 years to help finance roads, bridges, and airports but Republicans are refusing to call this an infrastructure plan but, instead, a spending plan, arguing there are a lot of extra big-ticket items that don’t deal with roads, bridges and what you would think of when you hear the word infrastructure.
Nancy Pelosi, speaker of the house, said, “Overwhelmingly, this bill is about infrastructure in the traditional sense of the word. We also think that infrastructure. There’s a need for workforce development in order to have the workforce fully participate in how we go forward and child care so that women can be involved in that as well.”
On to another big issue, the supreme court: the president announced an executive order that creates a six-month bipartisan commission to look at potentially changing the supreme court, maybe putting in place term limits or even changing the number of justices on the bench.
The Supreme Court has been made up of nine justices since 1869, four years after the civil war.
In 2019, Supreme Court Justice Ruth Bader Ginsburg said she was a fan of keeping nine justices on the Supreme Court.
That commission report is due to the president by the fall.
At the White House, David Spunt, Fox News.