Senate Needs to Look at Eliminating Carried Interest, Says Capito

The transcript covers a discussion on infrastructure progress, bipartisan support, and the challenges of funding through CBO scoring. It also touches on the debate over carried interest, House environmental provisions, and the Republican approach to climate issues. The conversation shifts to electric vehicles, addressing the feasibility of national goals, supply chain concerns, and the environmental impact of EVs.

What is one of the main challenges mentioned in funding the infrastructure bill?

• The absence of manufacturing benefits

• Lack of bipartisan support

• The President's insistence on more taxes

• The need for more COVID dollars

What is the proposed change regarding carried interest?

• Eliminating the carried interest tax break

• Reducing the tax rate on carried interest

• Introducing a new tax on carried interest

• Increasing the tax break for private equity

What is a concern about the House version of the bill?

• It includes environmental provisions not in the Senate version

• It proposes higher taxes on manufacturing

• It lacks provisions for electric vehicles

• It excludes any climate-related measures

What is a key focus of the Republican approach to climate change?

• Eliminating all environmental regulations

• Investing in water infrastructure and transportation

• Increasing taxes to fund climate initiatives

• Relying solely on private sector solutions

What is a potential issue with setting a national goal for electric vehicles by 2030?

• The lack of interest from automobile manufacturers

• The high cost of electric vehicles

• The absence of any environmental benefits

• The complete reliance on foreign oil

What is a concern regarding the supply chain for electric vehicles?

• The abundance of lithium in the US

• The oversupply of electric vehicle batteries

• The lack of demand for electric vehicles

• The reliance on minerals mined in China

What is a consideration mentioned about the environmental impact of electric vehicles?

• The reduction in greenhouse gas emissions

• The disposal of batteries and related components

• The increase in fossil fuel consumption

• The decrease in air pollution