Free Trial

GOP Sen-McConnell Has Told Fellow Reps He Is 'Open' To Bipartisan Infra Plan

US

Wires and social media reporting comments from Republican Senator Susan Collins (R-ME) saying that Senate minority leader Mitch McConnell has told fellow GOP senators that he is 'open' to a bipartisan infrastructure plan.

  • Following the breakdown in talks between the White House and Sen. Shelley Moore-Capito (R-WV), former GOP presidential candidate, Sen. Mitt Romney (R-UT), is now leading a new effort to reach a bipartisan consensus. However, Romney's insistence of no new taxes to pay for the plans could prove a major obstacle.
  • Should Collins' comments prove accurate and McConnell is willing to reach a deal with the White House it could prove a major boost to getting a deal through that isn't reliant on a reconciliation process.
  • Nevertheless, the prospect of a true bipartisan deal with support from Senate GOP leadership remains slim given the bitter relations between the two sides at present.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.