President Biden repeatedly insists that his infrastructure plan will create millions of jobs and labor unions will be the big winners. But interviews with economists, union leaders, government officials and trade groups as well as basic math suggest otherwise. The once-dominant trade and construction unions no longer have enough members outside of their strongholds on…
How Biden’s Favored Unions Could Get Jammed in His Infrastructure Traffic
Deep Dive (May 31): Both Sides ‘Still in the Game’: Sen. Capito on the Infrastructure Plan Inching Forward Despite Disputes
On Memorial Day, presidents past and present honor the Americans who made the ultimate sacrifice for their country. Over the weekend, President Joe Biden also sent a warning to countries that violate human rights. Abraham Lincoln said in the Gettysburg Address that the fallen soldiers “gave the last full measure of devotion” and called on Americans…
Sen. Capito: Republicans, Democrats ‘Inching Toward Each Other’ in Infrastructure Negotiations
Republicans and Democrats are slowly getting closer in negotiations on a major infrastructure package, a top GOP negotiator said on Sunday. Democrats used a budget tool called reconciliation to ram through the COVID-19 relief package earlier this year but have not turned to the tool for infrastructure because “there is a hunger for bipartisanship,” Sen. Shelley…
Deep Dive (May 28): Republicans Lay Out $928 Billion Counteroffer to Biden’s Infrastructure Proposal
President Joe Biden unveiled the biggest spending plan yet since World War II, coming in at a whopping $6 trillion. What does that mean for the cost of public debt? The plan covers the $1.9 trillion pandemic stimulus bill from March, as well as the $2.3 trillion American Jobs Plan, the $1.5 trillion American Families…
Competing Infrastructure Pronouncements Use Large, Mostly Nonsensical Numbers
May 28, 2021
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Commentary A group of four Republican senators on May 27 unveiled a $928 billion infrastructure spending plan. It was in response to U.S. President Joe Biden administration’s cutting about $74 billion from its proposed $2.3 trillion infrastructure proposal which, according to The Epoch Times’ analysis, was only intended to spend 21 percent on traditional infrastructure….
NTD Business Full Broadcast (May 27)
Senate Republicans unveil a new infrastructure spending bill, to counter President Biden’s proposal. How much is it worth, and what’s in it? How much does the average American pay in taxes throughout their lifetime? We have the answer, and it might surprise you. Iran is the latest country to crack down on bitcoin mining. China did the same last…
Biden Will ‘Change Course’ If Bipartisan Talks on Infrastructure Bill Stall: White House Adviser
White House senior adviser Cedric Richmond said Sunday that President Joe Biden intends to “change course” if the current approach of bipartisan talks with Republicans on achieving an infrastructure package stall. Richmond’s comments come as Biden and his administration are endeavoring to convince Republicans to accept their scope of what an infrastructure package should entail…
Senate Committee Releases Bipartisan $304 Billion Surface Transportation Bill
A bipartisan group of senators from the Senate Environment and Public Works Committee (EPW) on Saturday introduced a $303.5 billion surface transportation bill. The bill, if enacted, would reauthorize Department of Transportation (DOT) funding for highways, roads, and bridges which is due to expire in September. The proposed spending is 34 percent higher than that previously authorized…
White House Cuts Infrastructure Proposal by $600 Billion to Counter GOP Offer: Psaki
The Biden administration on Friday cut its infrastructure bill proposal to $1.7 billion to counter an offer proposed by GOP senators following talks between President Joe Biden and congressional leaders at the White House. “In our view, this is the art of seeking common ground,” White House press secretary Jen Psaki told reporters Friday. “This…
Caltrans Announces $40 Million Investment in Los Angeles and Orange Counties
May 17, 2021
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aLOS ANGELES—The California Transportation Commission allocated more than $39 million to Los Angeles County transportation infrastructure projects and more than $1 million toward improvements in Orange County, Caltrans announced May 17. Los Angeles County Metropolitan Transportation Authority got the most funding, $27.8 million, to buy 78 light rail vehicles, with the option to buy an…
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