Infrastructure package is ‘monumental step forward,’ says Biden
America will have the best roads, bridges, ports and airports in the world when the new $1.2 trillion infrastructure law is fully implemented, said President Biden at a bill-signing ceremony on Monday. And he will be on the road to promote the benefits of the bipartisan package, beginning with a trip to New Hampshire to visit a structurally unsafe bridge that has been on the state's "red list" since 2013.
House bill to revive tax incentives heads for a vote
The House Rules Committee cleared for a floor vote a bill to revive five dozen tax incentives that expired at the start of this year. The House is scheduled to vote today.
Tax reform bill includes waterways tax increase
The tax reform package unveiled on Wednesday by House Ways and Means chairman Dave Camp includes an industry-backed plan for higher fuel taxes to pay for improvements to U.S. inland locks, dams and waterways.