WASHINGTON President Joe Biden again reiterated he intends to raise taxes for the most wealthy Americans in an ABC News interview aired Wednesday, saying anybody making more than $400,000 a year will see a small to significant tax increase. He also pledged that individual Americans who make less than $400,000 which is more than 90% of taxpayers won t see one single penny in additional federal tax.
Biden said Republican criticism for his $1.9 trillion Covid-19 relief law is because the tax breaks in his plan go to the bottom 60% of the population while their idea of a tax cut is to give the Trump tax cut where 83% went to the top 1% of people in America.
President Joe Biden discussed the border crisis, Russian President Vladimir Putin and New York Gov. Andrew Cuomo s sexual misconduct allegations in an exclusive interview with ABC News.
Senate Democratic leader Chuck Schumer brushed off McConnell s remarks as a diversion and said he hopes to work with Republicans on the upcoming bills, but said all options for filibuster changes are on the table.
Biden on Tuesday said he supports changing the Senate s filibuster rule back to requiring senators talk on the floor to hold up a bill, the first time he has endorsed reforming the procedure the White House has for weeks insisted the president is opposed to eliminating.