Democrats gird for battle over $3.5 trillion budget package with agenda on the


Adding to the trouble, Democrats also remain unsettled over exactly how to pay for the package, no matter its final size. Hoping to cover its costs in full, Biden has proposed a series of tax increases, including raising the corporate rate from 21 percent to 28 percent, while newly seeking to extract more revenue from wealthy families and investments. Senate Democrats have explored additional elements, including new taxes targeting executive compensation and carbon emissions, according a plan circulated among lawmakers last week and obtained by The Washington Post.



Read More: Democrats gird for battle over $3.5 trillion budget package with agenda on the

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