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Infrastructure Compromise Stuck on How to Pay for It

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Playbook: “Forgive us if it seems like Groundhog Day around here, but how to pay for $579 billion in new spending is still the big problem.”

“On the one hand, the two sides were reported to be drifting farther apart. John Thune, the No. 2 Senate Republican, sent reporters into a tizzy when he said the White House had retreated on backing an infrastructure bank, previously a bipartisan idea.”

“But the flurry of meetings — coming a day after Biden met separately with Sinema and Sen. Joe Manchin — also suggests a deep level of engagement and eagerness from both sides. It’s no surprise there were some hiccups. Tuesday was the first time the group of 10 senators met with the White House team.”

Sen. Mitt Romney (R-UT) was more optimistic to Bloomberg: “There are a number of pay-fors that we’ve been able to add to the list and I think we’re going to get there.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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