Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ US https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Manchin warns that infrastructure bills are in trouble due to corporate tax increases

Manchin warns that infrastructure bills are in trouble due to corporate tax increases



“Because the bill exists today, it needs to be changed,” Hopi Kercheval told West Virginia Radio Metro News when asked if he supported or opposed President Joe Biden’s $ 2.25 trillion proposal.

Manchin says he opposes raising the current 21% corporate tax rate – which was introduced by the Trump administration’s 2017 tax reform – to 28%, as required by the bill, and instead supports an average rate of 25%. which he called “fair.”

The West Virginia senator said he would use the “50-50” lever in the Senate to demand changes before voting to pass the bill, which has been submitted but is expected to go through weeks or months of negotiations. before being discussed by floor.

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“If I don’t vote to take it, it’s not going to go anywhere. So we’re going to have some leverage here. And that’s more than me, Hopi. There are six or seven other Democrats who feel very strongly about this. We have to be competitive and we will not throw caution to the wind, “he said, without revealing who the other Democrats are.

Manchin has been signaling for weeks that he wants to involve Republicans in infrastructure package talks and then pass a bipartisan bill that could get the 60 votes needed to repeal the forced surrender. He wants to avoid using a party budget process called reconciliation to accept it only with democratic votes.

A Senate lawmaker’s decision on whether Senate rules allow them to use the process to pass the infrastructure bill, as Covid’s $ 1.9 trillion relief bill did earlier this year, could come this week.

“We need to get our Republican friends to work with us,” Manchin said in an interview. “They just can’t be against everything they think will be the political position we will take for the 2022 election.”


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