Biden and McConnell toughen their positions on tax hikes
WASHINGTON — President Joe Biden and Republican Senate Minority Leader Mitch McConnell toughened their positions Monday over the tax increases for millionaires and corporations that Biden has proposed to fund his sweeping infrastructure and education plans.
“We’re open to doing a roughly $600 billion package which deals with what all of us agree is ‘infrastructure,’” McConnell said at an event in Kentucky. “And to talk about how to pay for that in any way other than reopening the 2017 tax reform bill.”
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