Bloomberg Tax
Free Newsletter Sign Up
Bloomberg Tax
Welcome
Go
Free Newsletter Sign Up

‘Fight Like Hell’: Democrats Draw Lines on Slim Biden Plan (1)

Jan. 20, 2022, 10:22 PM

President Joe Biden’s attempt to salvage the centerpiece of his economic agenda has revived some of the same battles among Democrats over the same tax and spending proposals that have bedeviled the plan for months.

Democrats are risking their own defeat in the midterms and Biden’s presidency itself if they can’t unify behind a social spending plan, reversing a string of legislative failures in late 2021 and early this year.

WATCH: Senator Sherrod Brown said he will “fight like hell” to keep the child tax credit.
Source: Bloomberg

Key Senate holdout Joe Manchin of West Virginia says he wants talks to start from scratch and doesn’t know how long negotiations ultimately will take. But time is ...