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Biden ‘positive’ on budget deal; Manchin OK with wealth tax

October 25, 2021

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Pivotal Democratic Sen. Joe Manchin appears to be on board with White House proposals for new taxes on billionaires and certain corporations to help pay for President Joe Biden’s scaled-back social services and climate change package.

Biden said Monday he felt “very positive” about reaching agreement on his big domestic policy bill, aiming for votes in Congress as soon as this week — though that is far from certain.

“That’s my hope,” the president said before leaving his home state of Delaware for a trip to New Jersey to highlight the child care proposals in the package and his infrastructure measure.

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