Infrastructure Bill: Biden Drops Corporate Tax Hike, Halves Proposed Spending in Concession to GOP

Infrastructure Bill: Biden Drops Corporate Tax Hike, Halves Proposed Spending in Concession to GOP

President Joe Biden delivers remarks at an annual Memorial Day Service at Veterans Memorial Park, New Castle, Del., May 30, 2021. (Ken Cedeno/Reuters)

President Biden reportedly suggested in a private meeting on Wednesday that he is open to significantly revising the size of his $2.3 trillion infrastructure plan, as well as how it would be funded, in order to secure Republican support.

Biden outlined a plan for roughly $1 trillion in new spending financed through tax changes that would not raise the top corporate…

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Infrastructure Bill: Biden Drops Corporate Tax Hike, Halves Proposed Spending in Concession to GOP

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.