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Politics
Katie Taranto and Stella Grace Lorence

Will Biden Build Our Bridge? Nationwide Scramble For Cash From Infrastructure Deal

President Joe Biden, accompanied by Vice President Kamala Harris, announces the Senate's bipartisan infrastructure deal at the White House, saying both sides made compromises on the nearly $1 trillion bill. (Kevin Dietsch/Getty Images)

At a national level, part of the debate over how to pay for the bill was centered around tax policy. Biden proposed financing the bill by raising the corporate tax rate from 21 to 28 percent, while Republicans were hoping to finance the bill using existing programs and leftover money from the COVID-19 relief fund. The deal will use new a mix of new spending and repurposed cash already appropriated, including surplus emergency COVID unemployment relief.

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