Skip to Content

Biden ‘positive’ on budget deal; Manchin OK with wealth tax

KION

By LISA MASCARO and HOPE YEN
Associated Press

WASHINGTON (AP) — President Joe Biden says he feels “very positive about reaching a deal on his big domestic policy bill. Biden spoke briefly to reporters as he headed to New Jersey to promote his child care and infrastructure plan. White House proposals for new taxes on billionaires and certain corporations to help pay for the measures are drawing the backing of Democratic Sen. Joe Manchin. A person who insisted on anonymity to discuss Manchin’s position tells The Associated Press the senator is agreeable to the White House’s new approach. Democrats are trying to wrap up talks on the social services and climate change package now being eyed at $1.75 trillion, though it could still climb higher. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KION 46 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content