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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.
HIGHLIGHTS:
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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