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Biden lowers price tag and proposes no immediate changes to GOP tax law in effort to strike bipartisan deal

President Joe Biden offered to bring his price tag on an infrastructure package down to $1 trillion but wants to ensure it amounts to “new money” — not redirected from funding already approved by Congress as Senate Republicans have been demanding, a GOP source briefed on the talks said.

President Joe Biden offered to bring his price tag on an infrastructure package down to $1 trillion but wants to ensure it amounts to “new money” — not redirected from funding already approved by Congress as Senate Republicans have been demanding, a GOP source briefed on the talks said.

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