[The stream is slated to start at 1:45 p.m. ET. Please refresh the page if you do not see a player above at that time.]
President Joe Biden is ready to deliver remarks Wednesday afternoon on his more than $ 2 trillion infrastructure package. Vice President Kamala Harris is also expected to attend.
The address comes a week after Biden introduced the plan, which would invest in transportation infrastructure, water systems, broadband access, power grids, job training and other regulations. The bill raises the corporation tax rate to 28% to offset expenses.
In his speech, the president plans to increase pressure on Congress to work with him on the legislation, defend the increase in corporation tax and address criticism that the bill goes beyond the scope of traditional infrastructure, according to a White House official.
Senate Minority Leader Mitch McConnell, R-Ky., Said Friday that the GOP would likely oppose the package because of the tax increase and the price tag.
A spokesman for Senate Majority Leader Chuck Schumer, DN.Y., said Monday that House lawmakers ruled that lawmakers could use budget voting to pass simple majority legislation one more time. The move means Democrats can seek to pass legislation without Republican votes. Democrats have a narrow majority in the Senate with the House divided 50-50 and the Vice President̵
The infrastructure plan marks the Biden administration’s next legislative priority after signing the $ 1.9 trillion Covid stimulus package in March.