As Ford introduces an electric version of its best-selling truck $174 billion dollars for electric vehicles
Senate Majority Leader Chuck Schumer (D-NY) said, “The success of an electric pickup could hasten our nation’s transition to a cleaner, brighter, and stronger transportation future.”
It’s part of President Biden’s $2.3 trillion dollar infrastructure plan. That’s four times what republicans want to spend.
“I’m ready to compromise,” Biden commented. “But what I’m not ready to do; I’m not ready to do nothing.”
The Republican counter-offer will focus on roads and bridges without raising corporate taxes.
Senator Lindsey Graham (R-SC) said, “We’re not gonna do 2 trillion but I think we could find an 8 to 900 billion dollar infrastructure package that’s tailored toward infrastructure.”
The White House hopes to strike a deal by Memorial day.
Republicans say they’re concerned about raising taxes amid inflation, and borrowing money to pay for this, plunging the country further into debt.