Democrats wrestle over tax hikes for infrastructure
Published Date: 3/30/2021
Source: The Hill
Senate Majority Leader Charles Schumer (D-N.Y.) is in discussions with the White House over whether to combine a massive infrastructure proposal with tax reform to appease moderates in his caucus who are worried about the federal deficit. The move comes after an initial White House plan to offset a $3 trillion infrastructure bill with $1 trillion in tax increases is starting to look more like $4 trillion in new spending and $3.5 trillion in taxes. READ MORE: http://hill.cm/fQdteCu