Durbin Says $3.5 Trillion is Starting Point for Economic Plan

  • Senate Democrats to begin intense negotiations on Biden agenda
  • Manchin’s stance adds uncertainty to prospects for proposal
House Democrats’ Tax Plan Includes 26.5% Top Corporate Rate
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The second-ranking Senate Democrat, Dick Durbin, said Monday he has “no idea” if his party can push through a tax and spending plan anywhere near the $3.5 trillion sought by President Joe Biden and other Democratic leaders.

Durbin’s comments, made as senators return to Washington from an August break and begin intense negotiations on the tax and spending plan, comes as some centrist Democrats such as Senator Joe Manchin of West Virginia are balking at the size of the Biden plan.