White House officials have argued to corporate executives that the tax hikes are necessary to fund large investments in public infrastructure that the business sector has long sought.
infrastructure
Posted inLocal & State, News
After meeting with Biden, King praises broadband investment plan
Maine’s junior U.S. senator, an independent, was among a bipartisan group of federal lawmakers who met with President Biden on Monday about a proposed $2.3 trillion infrastructure package.
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Posted inBusiness, Nation / World, News, Politics
Biden open to compromise, but not inaction, on infrastructure plan
Sen. Joe Manchin of West Virginia, a key Democratic vote, came out Wednesday against the budget reconciliation process, which would allow Democrats to push the bill through the Senate with just a 51-vote majority.
Posted inNation / World, News, Politics
Biden names ‘jobs Cabinet’ to sell infrastructure plan as Republicans resist
Senate Minority Leader Mitch McConnell vows to fight the president’s $2.3 trillion proposal ‘every step of the way.’
Posted inNews
Analysis: Bumpy road ahead for Biden’s infrastructure plan
Even before the president delivered his opening speech on the plan, Republicans had latched on to Reagan-era labeling, dismissing the package as tax-and-spend liberalism.
Posted inBusiness, Nation / World
Here’s a closer look at Biden’s infrastructure and tax proposals
Where is the money going and where is it coming from?
Posted inBusiness, Nation / World, News, Politics
Biden rolls out $2.3 trillion infrastructure plan ‘to win the future’
Funding would come from a hike on corporate taxes that would aim to raise the needed money over 15 years and later reduce the deficit.
Posted inNation / World
Biden wants infrastructure package approved over summer
The plan includes investments in broadband, electric vehicle charging stations and clean energy.
Posted inBusiness, News
Proposal to increase Maine gas tax in summer going nowhere fast
Lawmakers will consider other measures to address the chronic underfunding of Maine’s highway system.
Posted inRiver Valley
Work begins April 30 on Rumford Island infrastructure project
Rumford Town Manager Linda-Jean Briggs, right, updates members of the Rumford Historical Society on this year’s infrastructure project on The Island downtown. Looking on are historical society members Druscilla and Dennis Breton. (Bruce Farrin/Rumford Falls Times) Congress Street in Rumford and several other streets on The Island downtown will undergo infrastructure construction beginning April 30. […]