Infrastructure

Rep. Scott Perry, R-Pa., on spending, infrastructure and taxes under the Biden administration.

President Biden on Wednesday will detail his proposal to revamp the nation’s infrastructure alongside a revenue-raising plan that aims to ensure the nation’s largest corporations are paying their fair share in taxes.

Progressive Democrats are leaning on President Biden to dramatically increase the size of his next big-ticket economic spending bill, unveiling on Monday a new bill that would invest $10 trillion in renewable energy, green infrastructure and climate justice initiatives over the next decade. 

Macro Trends Advisors founding partner Mitch Roschelle provides insight into proposed tax increases under the Biden administration.

White House press secretary Jen Psaki said Monday that President Biden will unveil a tax-increase proposal to pay for the first part of his sweeping, multitrillion-dollar infrastructure plan this week.

Harvard economist Kenneth Rogoff told FOX Business' "Mornings with Maria" that the Suez Canal blockage has "profound short-term effects" on global trade.

Biden Transportation Secretary Pete Buttigieg is weighing a vehicle miles tax (VMT) to fund the president's estimated $3 trillion infrastructure plan.

Mahoney Asset Management CEO Ken Mahoney provides insight into the markets and potential tax hikes.

President Biden said Thursday that he will travel to Pittsburgh next week to announce details of his multitrillion-dollar infrastructure bill, a sweeping measure that's expected to include funds for roads and bridges, as well as address issues like climate change and income inequality.