Democratic Senator Joe Manchin does not support President Biden’s massive $2 trillion dollar infrastructure proposal, mainly opposing the proposed corporate tax rate increase.
Manchin’s vote likely would be the difference between the bill passing or failing as the Senate is evenly split.
“As the bill exists today, it needs to be changed,” said Manchin during an interview with Metro News host Hoppy Kercheval. “It’s more than just me, Hoppy. There’s six or seven other Democrats who feel very strongly about this. We have to be competitive, and we’re not going to throw caution to the wind.”
Manchin said he would prefer a 25 percent corporate tax rate rather than the proposed increase to 28 percent, claiming that the 3 percent difference would harm the U.S economy.
“If I don’t vote to get on it, it’s not going anywhere,” said Manchin.
“The president felt it was responsible to propose a way to pay for his proposals,” said White House press secretary Jen Psaki on Monday when asked about Manchin’s comments. “That’s exactly what he did. He knows some members think it’s too big, some think it’s too small…We fully expect that from Sen. Manchin and other members. We expect the question of how to pay for the package, if we should pay for the package, to be part of the discussion. We’re open to hearing ideas.”
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