Democrats wrestle over tax hikes for infrastructure
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.
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