Democrats insist on 'substantial' new revenue for U.S. infrastructure

Brasil Notícia Notícia

Democrats insist on 'substantial' new revenue for U.S. infrastructure
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 YahooNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

In a letter to the president released ahead of their meeting on Tuesday morning, House of Representatives Speaker Nancy Pelosi and Senate Democratic Leader Charles Schumer outlined their priorities for draft legislation, which they said included renewable energy, broadband, water, school, and housing

WASHINGTON - A day before heading to the White House to meet with President Donald Trump, top Democrats in Congress on Monday said a bill to boost U.S. infrastructure must be funded with"substantial, new and real revenue" to meet massive needs across the country.They also called for investments in risk mitigation efforts for current infrastructure to handle the effects of climate change.

Trump economic adviser Larry Kudlow told reporters on Monday that the president had not made up his mind on whether to support raising a federal tax on gasoline to help fund an infrastructure package.Both sides are keeping expectations low for the meeting and no formal proposals are expected to be exchanged.

The current tax of 18.4 cents a gallon on gasoline has been in place since 1993. The federal diesel tax is 24.4 cents a gallon. The president, who vowed in 2016 to back $1 trillion of infrastructure spending over 10 years, has been vague about his plans in recent months. Senate Majority Leader Mitch McConnell told reporters on April 11 that a big infrastructure boost is popular but"nobody on either side has stepped up with a credible proposal to pay for it.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

YahooNews /  🏆 380. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Democrats insist on 'substantial' new revenue for U.S. infrastructureDemocrats insist on 'substantial' new revenue for U.S. infrastructureTop Democrats in Congress told U.S. President Donald Trump on Monday that the Un...
Consulte Mais informação »

U.S. sanctions slashed more than $10 billion from Iran's oil revenue: U.S. officialU.S. sanctions slashed more than $10 billion from Iran's oil revenue: U.S. officialU.S. sanctions against Iran have denied its government more than $10 billion in ...
Consulte Mais informação »

Amid oversight clash, Democrats pitch Trump on ‘big and bold’ infrastructure billAmid oversight clash, Democrats pitch Trump on ‘big and bold’ infrastructure billHouse Speaker Nancy Pelosi and Senate Minority Leader Charles E. Schumer are set to meet Trump on Tuesday, joined by other leading Democrats.
Consulte Mais informação »

New CBS Sports Network Deal With WNBA Latest Reminder Of New Revenue StreamsNew CBS Sports Network Deal With WNBA Latest Reminder Of New Revenue StreamsThe response to Monday's big announcement that CBS Sports Network will televise 40 WNBA games in 2019 and at least one year beyond was universally positive, as it should be.
Consulte Mais informação »

Facebook revenue jumps as U.S. privacy penalty loomsFacebook revenue jumps as U.S. privacy penalty loomsFacebook Inc beat analysts' estimates for quarterly revenue on Wednesday, a...
Consulte Mais informação »

Fox Business guest says Democrats 'attempting to replace' U.S. conservatives with undocumented immigrantsFox Business guest says Democrats 'attempting to replace' U.S. conservatives with undocumented immigrantsFox Business Network host Lou Dobbs and a former Trump senior adviser also pointed the finger at Mexico for what they claimed, without evidence, was its attempt to interfere in the 2020 U.S. elections.
Consulte Mais informação »

Trump insists there was 'an attempted overthrow' of US governmentTrump insists there was 'an attempted overthrow' of US governmentIt's amazing that a sitting president can declare to the world that was 'an attempted overthrow' of the government,' and it's greeted with widespread shrugs.
Consulte Mais informação »

Russia is open to possible new arms control deals with U.S.: Kremlin aideRussia is open to possible new arms control deals with U.S.: Kremlin aideKremlin aide Yuri Ushakov, commenting on a media report that U.S. President Dona...
Consulte Mais informação »

Lower mortgage rates, prices lift U.S. new home sales to one-and-a-half-year highLower mortgage rates, prices lift U.S. new home sales to one-and-a-half-year highSales of new U.S. single-family homes rose to a near 1-1/2-year high in March, b...
Consulte Mais informação »

New arms race: U.S. and China account for half of global military spendingNew arms race: U.S. and China account for half of global military spendingThe U.S. and China spent around $899 billion between them in 2018.
Consulte Mais informação »

Special Report: New missile gap leaves U.S. scrambling to counter ChinaSpecial Report: New missile gap leaves U.S. scrambling to counter ChinaChina's powerful military is considered to be a master at concealing its in...
Consulte Mais informação »



Render Time: 2025-03-03 12:19:24