Senator Tells Biden GOP Won’t Back Tax Hike: Stimulus Update
- Check here for updates on Biden’s $2.25 billion plan
- White House package spans infrastructure to elderly care
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President Joe Biden was told by a Republican senator at a White House meeting that the tax hike he’s proposed wouldn’t be approved by the GOP. Biden suggested some flexibility toward a smaller package than his $2.25 trillion infrastructure-focused economic plan, another meeting participant said.
Biden said before an Oval Office sit-down with a bipartisan group of lawmakers that he was “prepared to negotiate” on his so-called American Jobs Plan. The program spans traditional infrastructure like roads and bridges to investments in clean energy and funding for elderly care -- a package far broader than Republicans support. It also features corporate-tax hikes.