China News Agency, Washington, June 4 (Reporter Sha Hanting) Democrats in the U.S. House of Representatives announced on the 4th local time a draft of infrastructure construction worth 547 billion U.S. dollars.

  The draft was proposed by the chairman of the House Transportation and Infrastructure Committee and Democrat Peter DeFazio. It will spend US$547 billion on infrastructure construction in the next five years, including the construction and renovation of highways, bridges, railways and other facilities .

The draft will be an important part of the infrastructure construction plan proposed by US President Biden.

  De Fazio described the plan as a "rare opportunity" that will enable "the development of American transportation facilities from the level of the 1950s to the future trend of clean energy."

  After the draft was announced, Republicans opposed it.

The Republicans of the House Transportation and Infrastructure Committee issued a statement saying that the draft is entirely the opinion of the radicals within the Democratic Party. The Democrats did not want to discuss with the Republicans to gain the support of the Republicans.

  After taking office, U.S. President Biden proposed a $2.3 trillion infrastructure construction plan and said he would implement the plan by increasing taxes on the wealthy and large companies.

  At present, negotiations between the White House and Congressional Republicans on the infrastructure plan have been going on for many days.

Biden has expressed his willingness to reduce the total amount of the plan from 2.3 trillion US dollars to 1 trillion US dollars.

Republicans only agreed to $257 billion in spending.

  In terms of tax increases, due to strong opposition from Republicans, Biden has agreed to shelve the proposal to increase the corporate tax rate and set a minimum corporate tax rate of 15% to obtain Republican support for the infrastructure plan.

  Recently, Republicans proposed to use the remaining funds in the economic stimulus plan to deal with the epidemic for infrastructure construction.

The proposal was opposed by the White House.

  White House Press Secretary Psaki said on the 3rd that negotiations between the White House and Congressional Republicans on infrastructure plans will continue.

She also said that the White House did not set a deadline for the negotiation.

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