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Senators eye rebate rule for infrastructure savings
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Democratic lawmakers are clamoring to add to President Joe Biden’s package of social spending even before he rolls it out on Wednesday, risking a ballooning price tag and adding to the complications already facing the White House in getting it through Congress.
From taxes to expanding Medicare to subsidizing child care, a wide swath of the party’s lawmakers are arguing that time is running out to act boldly on Democratic priorities before the 2022 midterm elections which could flip control of one or both chambers to Republicans.
Corporate Tax Hike Gets a Thumbs-Up in Poll: Stimulus Update Bloomberg 2 hrs ago Bloomberg News © Photographer: Rebecca Smeyne/Bloomberg A pedestrian wearing a protective mask passes in front of a restaurant temporarily closed in the Pearl District of Portland, Oregon, U.S., on Wednesday, June 17.
(Bloomberg) A new poll showed a majority of Americans support President Joe Biden’s $2.25 trillion infrastructure and spending plan if it’s funded by higher taxes on corporations. A senior Republican said a group of senators is in the “early stages” of discussing a potential counterproposal that would be more narrowly focused and less expensive.
Corporate Tax Hike Gets a Thumbs-Up in Poll: Stimulus Update Bloomberg 6 days ago Bloomberg News © Photographer: Rebecca Smeyne/Bloomberg A pedestrian wearing a protective mask passes in front of a restaurant temporarily closed in the Pearl District of Portland, Oregon, U.S., on Wednesday, June 17.
(Bloomberg) A new poll showed a majority of Americans support President Joe Biden’s $2.25 trillion infrastructure and spending plan if it’s funded by higher taxes on corporations. A senior Republican said a group of senators is in the “early stages” of discussing a potential counterproposal that would be more narrowly focused and less expensive.
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