Biden issued an impassioned defense of his raid on the rich on Wednesday
He said it won t impact multi-millionaires even a tiny but will help people like those he grew up with in Scranton, Pennsylvania
We re not going to deprive any of these executives of their second or third home , he insisted
Biden has said he is taxing the top 0.3% of income earners in the United States
He s promised not to increase rates for anyone earning less than $400k a year
To fund his $4T spending he s also raising corporate tax rates from 21% to 28%
Sen. John Kennedy, R-La., calls on President Biden to stop caving to teachers unions and make the call to fully reopen schools.
Sen. John Kennedy, R-La., called on President Biden Monday to stand up to teachers unions and make the call to fully reopen schools during an appearance on Fox & Friends.
SEN. JOHN KENNEDY: So I think the unions are holding out for more pay. In the meantime, our children get hurt. And what s so avoidable and a shame about all this is that President Biden can fix it. He says he s the teacher the education president, and talks about Dr. Biden, who is his spouse, a very accomplished woman. But they don t do anything about it, and they could. And they send out a spokesperson, like the person who just spoke. they think the American people are morons. It s the biggest bunch of bovine waste I ve ever heard in my life. I don t know what she said. I think she s speaking in tongues.
Republicans tell Biden no corporate tax hike for infrastructure
Sen. Mitt Romney Sens. Mitt Romney (R-Utah) and John Hoeven (R-N.D.) told President Biden Monday they are opposed to increasing the corporate tax rate to pay for his proposed $2.25 trillion infrastructure package, according to people familiar with the matter.
Why it matters: The opposition from Romney and Hoeven, the only two Republican senators in Monday’s bipartisan Oval Office meeting, suggests Biden is going to have a difficult time finding any Republican support to pay for his road, bridge and health care spending proposals by increasing corporate rates.
The White House is still looking for evidence there are any Republicans willing to entertain some of the president’s proposals, including Biden’s plan to raise the corporate rate from 21% to 28%.
Why it matters that Republicans won t budge on a corporate tax hike
GOP senators won t budge on corporate tax rates. As a practical matter, this may prove to be a far bigger problem for Republicans than Democrats.
Sen. Mitt Romney, R-Utah, attends the confirmation hearing for Vivek Murthy and Rachel Levine on Feb. 25, 2021.Caroline Brehman / Pool via Getty Images
April 20, 2021, 2:39 PM UTC
BySteve Benen
President Joe Biden held his latest bipartisan meeting with members of Congress yesterday, and once again stressed his eagerness to work out a deal. I am prepared to compromise, prepared to see what we can do and what we can get together on, the president said at the outset of the discussion. Biden added, I ve noticed everybody is for infrastructure. The question is, who s going to pay for it?
By: Alex Cameron
WASHINGTON D.C. -
Congress returns to Washington this week after a two-week hiatus with a full agenda that includes next steps on President Biden’s massive infrastructure bill. I m prepared to negotiate, said President Biden Monday in the Oval Office as he hosted a bipartisan group of lawmakers for a discussion on, he said, the extent of infrastructure projects, as well as how we pay for it.
One reporter asked the president about criticism that he s using meetings like Monday’s to create the impression he s trying to reach across the aisle, when in truth they are mere window dressing.