Republicans Draw ‘Red Line’ Over Major Issue in $2 Trillion Biden Bill
President Joe Biden’s trillion-dollar dreams won’t come true if there is a tax increase attached, Republican leaders vowed Wednesday after a White House meeting with Biden and top congressional Democrats. Senate…

President Joe Biden’s trillion-dollar dreams won’t come true if there is a tax increase attached, Republican leaders vowed Wednesday after a White House meeting with Biden and top congressional Democrats.
Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy each said after the meeting that they will not back the tax hike Biden wants to cover his $2.3 million package of infrastructure spending and other projects.
Biden wants a hike in corporate income taxes to be the main revenue source to offset the spending. A separate $1.8 trillion package of child care and education spending would be offset by an increase on personal income taxes for the richest Americans.
“We’re not interested in re-opening the 2017 tax bill. We both made that clear with the president. That’s our red line,” McConnell said, according to Politico. “This discussion … will not include revisiting the 2017 tax bill.”
The 2017 tax bill, passed during the administration of former President Donald Trump, reduced taxes.



