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Pitchman Pete: Buttigieg steps into the spotlight to sell Biden s infrastructure plan

Pitchman Pete: Buttigieg steps into the spotlight to sell Biden s infrastructure plan
localnews8.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localnews8.com Daily Mail and Mail on Sunday newspapers.

Pitchman Pete: Buttigieg steps into the spotlight to sell Biden s infrastructure plan

Pitchman Pete: Buttigieg steps into the spotlight to sell Biden s infrastructure plan
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We want to compromise : White House signals proposed 28% corporate tax rate is negotiable

Print this article Commerce Secretary Gina Raimondo is calling on the business community not to dismiss President Joe Biden s proposed corporate tax rate hike out of hand, saying an automatic rejection would be unacceptable. Biden s proposal to raise the corporate tax rate from 21% to 28% to pay for his $2.25 trillion American Jobs Plan has received a lukewarm reception from congressional Republicans and most business groups. We want to compromise, Raimondo told reporters Wednesday. What we cannot do and what I am imploring the business community not to do is to say, We don t like 28%. We re walking away. We re not discussing. That s unacceptable. Come to the table and problem-solve with us to come up with a reasonable, responsible plan.

House vacancies leave Democrats with tenuous hold on majority

House vacancies leave Democrats with tenuous hold on majority By Grace Segers Democrats face infrastructure roadblocks Washington Democrats entered the year with a tenuous grip on Congress, with 50 seats in the Senate and a narrow majority in the House. But that House majority has become even smaller thanks to five vacancies with pending special elections. Three Democrats left the House to join the Biden administration: presidential adviser Cedric Richmond, Housing and Urban Development Secretary Marcia Fudge and Interior Secretary Deb Haaland. With the death of Congressman Alcee Hastings on Tuesday, Democrats now hold 218 seats. There is also one vacant Republican seat, after the death of GOP Congressman Ron Wright in February, leaving Republicans with 212 seats in the House. With the five vacancies, 216 votes are needed for a majority.

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