Senate Democrats will seek a 25% corporate tax rate despite Biden"s call for 28%, report says

Senators, used to leaving Washington on Thursday afternoons, were resigning themselves to the prospect of late nights and long hours going into the weekend as Democrats push to approve President Joe Biden's $1.9 trillion economic aid package......»»

President Joe Biden will meet with Senate Democrats on Tuesday, as his $1.9 trillion coronavirus aid package begins moving through the chamber and lawmakers eye a mid-March deadline for passage......»»

House Democrats hope to clear President Joe Biden's $1.9 trillion economic package late today and send it on to the Senate, where it will face some changes......»»

"I have a feeling it will be a very long night, but we'll get out of here at some point," Sen. Bernie Sanders said. Sen. Bernie Sanders. Caroline Brehman/CQ-Roll Call, Inc via Getty Images Senate Democrats kicked off .....»»

U.S. Treasury yields soar on Wednesday after early voting indicated Democrats were on track to win both Senate seats in Georgia and thus control of Congress, an outcome that would give the Biden administration more room to enact his policy agenda......»»

The package is just under half of the relief spending Democrats wanted before the election. They say will press for more once Biden takes office. Tom Williams/CQ-Roll Call via Getty Images The House approved the $900 billion st.....»»

The Hill writes that when Joe Biden enters the presidential race, it isn’t a given that he will have a ton of support from his former Senate colleagues......»»

Senate Majority Leader Mitch McConnell has fired up his critics by writing an op-ed for FoxNews.com that calls for bipartisanship......»»

President Biden is pushing to raise the corporate tax rate to as high as 28%, and has enlisted his top economic advisers to push the message......»»

President Joe Biden and his wife, Jill Biden, had an adjusted gross income of $607,336 in 2020, and an effective tax rate of 25.9%, according to returns released by the White House on Monday......»»

President Joe Biden on Thursday huddles with a small group of Senate Republicans in a bid to strike common ground on infrastructure, a day after GOP leaders drew what they called a "red line" over paying for any such package......»»

The Senate's top Republican on Wednesday says there is a desire in both parties to make a deal on infrastructure, but stresses after a meeting with President Joe Biden that the GOP will reject tax increases to pay for it......»»

Democrats and Republicans drew opposite conclusions from April's jobs report and the way forward in healing an economy battered by the pandemic. President Joe Biden pauses as he speaks about the April jobs r.....»»

"What I'm proposing is badly needed and able to be paid for and still grow," Biden said in a speech. "Trickle-down ain't working very well, man." Sen. Joe Manchin (D-WV) and President Joe Biden. Photo By Tom Williams/Roll Call On Thursday, B.....»»

Biden's campaign promised he'd see to it that the Public Service Loan Forgiveness program was "fixed, simplified, and actually helps teachers." Sen. Kirsten Gillibrand (D-NY). Al.....»»

As President Joe Biden proposes a range of tax hikes to fund his big plans for infrastructure and social spending, Corporate America looks set to escalate its Washington lobbying on taxes later this year......»»

Senate Republican Leader Mitch McConnell said Democrats should expect "zero" support from his party for President Joe Biden's new big-ticket infrastructure and social spending proposals......»»

There's no data that says lower tax rates will foster more economic investment. Biden's plan to raise the corporate tax rate actually helps. President Joe Biden AP Photo/Evan Vucci, File Data does not show that corporate tax .....»»

Biden plans to increase the income-tax rate from 37% to 39.6% for families earnin.....»»

Just in time for Joe Biden’s 100-day mark as president, the commander-in-chief is set to give his first big speech to Congress on Wednesday night. But don’t call it a State of the Union......»»