Toomey pitches using unspent COVID-19 funds to pay for infrastructure

Published May 20, 2021 3:37pm ET



Sen. Pat Toomey pushed back on the scope of President Joe Biden’s proposed infrastructure spending bill and suggested using money from the $1.9 trillion COVID-19 relief bill to fund a narrower infrastructure plan.

The Pennsylvania Republican, who is the ranking member of the Senate’s powerful Banking Committee, spoke about his desire for a bipartisan infrastructure package on Thursday. Biden’s pitch, which tops $2.3 trillion, would be funded through changes to the corporate tax code, including a hike in the corporate tax rate.

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