Biden's breaks off infrastructure talks amid disagreements on spending

Discussions between the White House and Capito’s group were cordial, and Biden walked away feeling as though the negotiations ran their course and were in good faith, an administration source told Fox News. Talks broke down because Biden wanted Republicans to present a more significant number for infrastructure investments and because he felt their plan to pay for a proposed $ 1 trillion package lacked specifics.

(Bipartisan House Problem Solvers Caucus endorses its own proposal after infrastructure talks fizzle)

GOP lawmakers offered a $ 928 billion infrastructure proposal that included roughly $ 330 billion in new spending on related projects. Biden had proposed a $ 1.7 trillion spending plan funded by tax hikes on corporations and the wealthiest Americans. CLICK HERE FOR MORE ON OUR TOP STORY.

In other developments:
– Su. Capito: Biden ‘missed opportunityto gain 20 Republicanos’ support in failed infrastructure talks
Bipartisan caucus endorses its own proposal after infrastructure talks fizzle
– Manchin pushes back against Dem-only infrastructure bill as bipartisan negotiations crumble
– Manchin llamadas infrastructure bill a ‘golden opportunity’ but warns against eliminating coal

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