In an effort to fund roughly $2.3 trillion in spending over the next eight years, Biden's proposal would hike the corporate tax rate from 21% to 28%-partially reversing the corporate rate cut that McConnell shepherded through Congress in 2017-and take steps to prevent companies from dodging their US tax obligations by shifting jobs and profits overseas.
McConnell's gripe about the corporate tax increases proposed in Biden's plan was echoed by other Republicans on Wednesday as the president outlined his proposal in a speech in Pittsburgh. Biden said his proposal includes a provision to ensure that workers have a free and fair choice to organize, join a union, and bargain collectively with their employers.
Bipartisanship has been at the core of Biden's appeal to the American public but that remains only a dream, though with the vote of Vice President Harris as a tiebreaker the proposal should get through, much in the manner of the previous relief bill.
Biden has proposed funding the package by raising the tax rate on US corporations to 28% from 21% and making it harder for companies to use offshore tax shelters and other methods to reduce their tax burdens. Neal said he would consider bonds and expanded tax credits to pay for it. Republicans, however, lashed out at the plan. White House Press Secretary Jen Psaki said these secretaries will be serving in Biden's "jobs Cabinet", and they'll be "front-and-center voices" as the administration seeks to sell the plan in the coming weeks.
Joe Biden’s dog Major reportedly involved in second biting incident
Earlier this March, President Biden called Major a "sweet dog" and said he was undergoing training. Major Biden jokes and memes began flowing on Twitter .
The scope of the infrastructure package could also give pause to some moderate Senate Democrats.
The White House has said it wants to gather support for the plan from both Democratic and Republican members of Congress on some of the measures that are popular with voters across the political spectrum.
Without Republican support, Democrats might have to resort to a parliamentary procedure that would enable it to pass the 100-seat Senate with a simple majority vote rather than the 60 votes needed to advance most legislation.