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Reading: Manchin Pushes Democrats to Revisit Tax-Rate Hikes; Sinema Could Present a Roadblock
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The Wall Street Publication > Blog > Business > Manchin Pushes Democrats to Revisit Tax-Rate Hikes; Sinema Could Present a Roadblock
Business

Manchin Pushes Democrats to Revisit Tax-Rate Hikes; Sinema Could Present a Roadblock

Editorial Board Published February 14, 2022
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Manchin Pushes Democrats to Revisit Tax-Rate Hikes; Sinema Could Present a Roadblock
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WASHINGTON—Democrats hoping to resurrect the party’s economic agenda are facing a problem: Sen. Joe Manchin’s goal for raising tax rates clashes with Sen. Kyrsten Sinema’s opposition to doing so.

In a 50-50 Senate with Republicans unanimously opposed to the effort, the party will have to try to reconcile the pair’s divergent positions to earn both their votes for a scaled-down version of President Biden’s economic agenda ahead of this year’s midterm elections.

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