White House floats new tax plan to get enough Senate Democrats behind trillion dollar spending bill


white house worthy christian news(Worthy News) – The White House is considering new tax-increase plans to get enough Democrat senators to pass President Biden’s stalled multi-trillion dollar, social services and climate change package.

The plans call for scrapping a proposed big increase in corporate tax rates and instead including a new, so-called “billionaires’ tax” on the investment gains, according to the Associated Press.

The passage of Biden’s bill – now estimated at $2 trillion, compared to $3.5 trillion – faces resistance from two Senate Democrats including Arizona’s Kyrsten Sinema, who opposed the original plan to tax the country’s highest earners by undoing Trump-era tax breaks. [ Source: Just the News (Read More…) ]

17
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Churches Swept Away as Flash Floods Devastate Remote Indian Town
U.S. Adds Nearly 3.5 Million New Businesses in Record-Setting First Half of 2026
Turkey Considers Sending Russian S-400 System to UAE to Unlock F-35 Deal
NYC Cash Welfare Payments Surge 71%, Reaching Record $2.6 Billion
Israel Blasts ICC as ‘Kangaroo Court’ After Mamdani Threatens Netanyahu Arrest
5.5 Quake Hits Peru, Killing Several And Damaging Church
Hungary’s President Seals Fate By Signing Amendment Ending Own Presidency
Malaysia Threatens To Deport Israelis Amid Probe Into Tech Community
U.S. Strikes Iran for Eighth Straight Night After Deadly Attack on American Troops
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News