The one policy area where both sides agree investment – both public and private -- should be made is in infrastructure. President Biden offered a far reaching, comprehensive, ambitious proposal earlier this year only to have a slimmed down, less expensive Republican counteroffer. The good news within Washington is for the first time in years, serious bipartisan meetings were held to see if some kind of agreement could be reached. The bad news is when it comes to how to pay for increased investment, the ideological divide between the two parties rules the days and the infrastructure talks stall. It is expected that today will be the announced end to bipartisan infrastructure talks. It remains to be seen if the Biden Administration can rally support to move on or move away from one of his early stated priorities: significant comprehensive infrastructure investment. Stay tuned.
