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WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee, today joined CNBC’s Squawk Box to discuss the Republican infrastructure framework she and her colleagues unveiled yesterday.
COMPROMISE IS POSSIBLE: “I think if you take an apples-to-apples comparison of the president’s plan and our plan, he’s not up in the $2 trillion when you’re looking at physical core infrastructure. He’s probably just shy of $1 trillion. So I think that’s where our starting point is. Where we sit down, define the infrastructure, and then see if we missed something, compromise, and move forward.”
DECLARING OUR PRINCIPLES: “I’m not interested in being window dressing and just making it look like we’re trying to make it work. But if we as Republicans don’t come out with the principles and concepts that we believe in, then we don’t have a leg to stand on here when the door gets shut on us.”
RAISING TAXES?: “The plan that we put forward doesn’t require any taxes raised. We do rely on user fees and we do repurposed COVID dollars—billions of dollars, hundreds of billions of dollars that aren’t even going to be spent until off years. Give the states and locals some flexibility with their COVID dollars too. No, I’m not interested in raising the corporate tax because I think, as we saw pre-pandemic, all the resultant raise in wages. In my state of West Virginia, more people working, more variety and diversity in the workforce, all of those good things. So I’m not interested in going back to that. I voted for that tax cut bill, and I stand by the results.”
More details on the Republican infrastructure framework can be found here.
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