Big changes in White House ideas to pay for $2 trillion plan
By LISA MASCARO, ALAN FRAM and MATTHEW DALY, Associated Press
Published: October 20, 2021, 12:40pm
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Rep. Pramila Jayapal, D-Wash., the chair of the Congressional Progressive Caucus, center, along with other lawmakers, talks with reporters outside the West Wing of the Washington, Tuesday, Oct. 19, 2021, following their meeting with President Joe Biden. Jayapal is joined by from left, Rep. Katherine Clark, D-Mass., Rep. Debbie Dingell, D-Mich., Rep. Mark Pocan, D-Wis., Rep. Barbara Lee, D-Calif., and Rep. Ritchie Torres, D-New York. (AP Photo/Susan Walsh)Photo Gallery
SCRANTON, Pa. — In an abrupt change, the White House on Wednesday floated new plans to pay for parts of President Joe Biden’s $2 trillion social services and climate change package, shelving a proposed big increase in corporate tax rates though also adding a new billionaires’ tax on the investment gains of the very richest Americans.
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