Democrats and Republicans say they have covered the full cost of their new spending, one of the thorniest fights among the lawmakers who helped construct the deal. Democrats, led by Biden, initially sought this spring to fund infrastructure investments through tax increases on corporations and wealthy Americans, unwinding the tax cuts that Republicans adopted under President Donald Trump. But GOP lawmakers fiercely rejected the idea, preferring instead to raise some of the money through new fees on those who use infrastructure — an idea Democrats rejected out of a fear that it would hurt average Americans.

Source: Washington Post August 02, 2021 01:23 UTC