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The High Cost of Protracted Negotiations on Infrastructure

June 10, 2021 · 9:49 am ET · Leave a Comment

Hayes Brown: “The GOP’s offers included a lot of money that Congress was already going to spend, or they would have reauthorized older appropriations. When you look at the new spending in the GOP’s offers, the gaps are much starker. In the end, the GOP offered to support only 15% of the American Jobs Plan’s original cost.”

  • March 31: Biden proposes $2.25 trillion
  • April 22: Senate GOP counters with $225 billion (10% of original proposal)
  • May 21: Biden counters with $1.7 trillion (75% of original proposal)
  • May 27: Senate GOP counters with $257 billion (11% of original proposal)
  • June 3: Biden counters with $1 trillion (44% of original proposal)
  • June 4: Senate GOP counters with $330 billion (15% of original proposal)
  • June 7: Biden calls off negotiations.

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Taegan Goddard

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