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Biden to tout 'historic investments' under proposed $2.3T infrastructure plan amid GOP criticism

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WASHINGTON - President Joe Biden on Wednesday is expected to tout the "historic investments" proposed under his $2.3 trillion U.S.

infrastructure plan that would largely be funded by an increase in corporate taxes. Many Republican lawmakers have opposed the plan because of its tax hikes and what they say is an overly broad definition of infrastructure.The president is set to give remarks at 1:45 p.m.

ET from the White House with Vice President Kamala Harris in attendance. Biden last week proposed a massive infrastructure plan funded by an increase in the corporate tax rate to 28% and an expanded global minimum tax set at 21%.

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