Press "Enter" to skip to content

Democrat Plans Plunge Deeper Into Chaos After Sinema Opposes Tax Hikes; May Leave Top Rates Unchanged

Democrat Plans Plunge Deeper Into Chaos After Sinema Opposes Tax Hikes; May Leave Top Rates Unchanged
Democrat Plans Plunge Deeper Into Chaos After Sinema Opposes Tax Hikes; May Leave Top Rates Unchanged

By Tyler Durden

Senate Democrats are starting to freak out over Sen. Kyrsten Sinema’s opposition to tax increases – a crucial component of their attempt to pass over $4.5 trillion between two spending packages.

Sinema is one of two moderate Democrats – the other being Sen. Joe Manchin (WV) holding up their party’s spending agenda over their refusal to support the massive spending legislation.

According to the Wall Street Journal, Sinema has told lobbyists that she won’t stand for significant increases in taxes on businesses, high-income individuals, or capital gains – pushing Democrats to ‘more seriously plan for a bill that doesn’t include those major revenue increases.”

READ MORE…

Daily News PDF Archives – Jellyfish.News 

 

Breaking News: