Democratic Infighting Risks Agenda Timetable: Congress Update

House Democrats this week are advancing through committee the tax provisions to pay for President Joe Biden’s economic agenda with the intention of completing work by Wednesday on revenue raisers worth some $2 trillion.

The House Ways and Means Committee met Tuesday for its third day of debate on its portion of the tax and spending plan, which aims to raise $2.9 trillion in revenue for social projects. While President Joe Biden has pledged that those earning less than $400,000 won’t see higher taxes, the House panel’s draft proposals would lead to some increases for that category, an official ...