After a meeting with President Joe Biden on Wednesday, Senate Minority Leader Mitch McConnell said he was “not in a position to make any significant decisions” on infrastructure until his party’s senators weighed in. But on Thursday, the Kentucky Republican took a trip of his own to Louisville — home of the nation’s most-traveled bridge that’s in need of $2 billion in repairs — where he reiterated his opposition to raising the corporate tax rate to help pay for Biden’s infrastructure plan.
Washington (CNN)After a meeting with President Joe Biden on Wednesday, Senate Minority Leader Mitch McConnell said he was “not in a position to make any significant decisions” on infrastructure until his party’s senators weighed in.
Bipartisanship Getting Promoted
McConnell is a Republican from Kentucky and has been the Senate Minority Leader since 2015. He was joined by other congressional leaders at the White House for talks about how to pay for new infrastructure projects, which President Donald Trump has made a cornerstone of his administration’s agenda.
But on Thursday, the Kentucky Republican took a trip of his own to Louisville — home of the nation’s most-traveled bridge that’s in need of $2 billion in repairs — where he reiterated his opposition to raising the corporate tax rate to help pay for Biden’s infrastructure plan.
“I’m not going to be able to make any significant decisions until we hear from all our members,” McConnell said during a news conference at the Clark Memorial Bridge, which is one of several bridges in Kentucky that have been deemed structurally deficient and are crumbling due to lack of funding from Congress. “But as I’ve said repeatedly: We’re not going to consider raising taxes on working families.”
The Senate Majority Leader told reporters that lawmakers should not raise the corporate tax rate from 21% to 28%, as President Trump has suggested.
“I’m not going to vote to raise the corporate rate from 21% to 28%,” McConnell told reporters. When asked if he would consider a counteroffer from the White House, McConnell said, “I think we’re going to stick with that.”
McConnell has stated his opposition for raising the corporate tax rate before but often says he would be willing to consider lowering other taxes.
