Romney, Senators Craft Infrastructure Plan Without Tax Hikes

White House anticipates proposal materializing this week
Some Republicans skeptical a deal can be had with Democrats

U.S. Senator Pat Toomey, a Pennsylvania Republican, sees bipartisan consensus on physical infrastructure even though talks are divided. He speaks during an interview with Bloomberg’s David Westin on “Balance of Power.” (Source: Bloomberg)

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By Erik Wasson, Laura Davison, and Laura Litvan

June 9, 2021 at 6:46 PM UTC

Updated on

June 9, 2021 at 8:35 PM UTC

This article is for subscribers only.

The Biden administration is expecting a new infrastructure proposal this week from a bipartisan group of lawmakers, but those legislators are moving forward without any of the tax hikes the president has demanded to pay for his plan.

The group of senators -- which includes at least five Democrats and a handful more Republicans -- has decided against using corporate or individual income tax increases to pay for spending on infrastructure projects, according to a senator involved in the talks.