Biden’s Tax Hike Push Will Depend on This ‘Insider’s Insider’

  • House Ways and Means chair known for off-camera approach
  • Neal learned lesson from the last major tax increase, in 1993
Biden to Propose $6 Tillion Budget
Lock
This article is for subscribers only.

President Joe Biden’s push for the first major federal tax increase since 1993 now rests on the shoulders of Richard Neal.

It’s a career moment that comes full circle for Neal, who chairs the House committee responsible for writing the legislation. He joined the key tax-writing body during the battle for that last wave of increases.