{"id":6871,"date":"2021-04-21T19:53:18","date_gmt":"2021-04-21T19:53:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=6871"},"modified":"2021-04-21T19:53:18","modified_gmt":"2021-04-21T19:53:18","slug":"raimondo-bearish-on-gop-infrastructure-alternative","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=6871","title":{"rendered":"Raimondo bearish on GOP infrastructure alternative"},"content":{"rendered":"

Source: Politics<\/p>\n

Commerce Secretary Gina Raimondo was unenthusiastic on Wednesday about the fledgling GOP alternative infrastructure proposal, saying it wouldn\u2019t go far enough to meet the country\u2019s needs.<\/p>\n

The Biden administration has proposed a multiyear, $2.2 trillion spending package that would touch on huge swaths of the American economy, including areas not traditionally considered to be infrastructure.<\/p>\n

Republicans and some moderate Democrats have expressed reservations about the price tag and how the White House intends to pay for it, and a handful of hopeful dealmakers in the Senate are developing a counteroffer that would land between $600 and $800 billion.<\/p>\n

\u201cSix hundred billion dollars is not what the country needs \u2014 the country needs $2 trillion\u201d Raimondo said during a Playbook Live interview<\/a>. \u201cIt\u2019s not nearly enough.\u201d<\/p>\n

The GOP proposition, which has not yet been formally introduced, has already drawn a chilly reception<\/a> from several leading Senate Democrats, raising the prospect that the effort might have a difficult time generating the bipartisan consensus that its backers are shooting for.<\/p>\n

Still, Raimondo was more receptive than Democrats like Sen. Richard Blumenthal of Connecticut \u2014 who labeled it \u201ctotally anemic\u201d and an \u201cinsult\u201d \u2014 and she said that the Republican bid was welcome as a \u201cstarting point for further negotiation.\u201d<\/p>\n

She also cast doubt on the idea of dividing the Biden administration\u2019s proposal into a slimmer package that, in theory, could garner the 60-plus votes needed to clear a Senate filibuster and then advance the rest of it via budget reconciliation without needing Republican support. The multipronged approach has been promoted by Sen. Chris Coons (D-Del.), a close ally of the president, among others.<\/p>\n

\u201cIt\u2019s viable but not ideal,\u201d Raimondo said. \u201cIt\u2019s not where we\u2019re thinking at the moment.\u201d<\/p>\n

She also said some of the more controversial parts of the president\u2019s proposal, such as hundreds of billions of dollars for the home care sector, were critical to reducing poverty and promoting equity \u2014 two stated pillars of the Biden administration. <\/p>\n

Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Politics Commerce Secretary Gina Raimondo was unenthusiastic on Wednesday about the fledgling GOP alternative infrastructure proposal, saying it wouldn\u2019t go far enough to meet the country\u2019s needs. The Biden… <\/p>\n","protected":false},"author":0,"featured_media":6872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/6871"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6871"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/6871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/6872"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6871"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}