Biden to go one-on-one with Manchin
By Morgan Chalfant - 05/10/21 11:23 AM EDT
President Biden is having a one-on-one meeting with Sen. Joe Manchin (D-W.Va.) on Monday to discuss his infrastructure proposal, the White House said, a discussion that is likely to cover disagreements over the corporate tax rate.
Biden has proposed raising the corporate tax rate from 21 percent to 28 percent to pay for his $2.3 trillion infrastructure proposal, a hike that Manchin has said is too high. Manchin has indicated he would support increasing the corporate tax rate to 25 percent.
Manchin has also expressed general concerns about the price tag of Biden’s agenda, which also includes a $1.8 trillion plan to expand prekindergarten and community college and offer tax credits to low- and middle-income families.
Manchin’s support is key to any bill that Democrats try to pass using the budget reconciliation process, where they need every Democrat in the Senate to vote in favor of a piece of legislation in order for it to pass.
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https://thehill.com/homenews/administration/552632-biden-to-go-one-on-one-with-manchin