Page 46 - Biden Cannot News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Corporate tax is nothing new, but president biden in his meeting with shelley moore capito yesterday presented that as an option, i guess, instead of focusing on increasing the corporate tax rate from 21% to 28%. mind you, that increase of corporate tax rate is something that was dead on arrival for republicans. it also left some consternation among some democrats as well. so this was an offering and a proposal to senator capito saying, look, we don't have to undo some of the taxes in the 2017 republican tax cut bill which debt republicans, especially which senate minority leader mitch mcconne...

His infrastructure bill. geoff, he also said he wants republicans to spend $1 trillion of new money. so in the last republican proposal, even though it was just under $1 trillion, there was only $250 billion in what we call new money around here, money that's not assumed is already going to be spent in the budget process. that means, geoff, that the democrats and the republicans are $1.4 trillion apart on their proposals. so we are waiting to see how republicans are going to respond. our sources think they're going to do a counteroffer and it will be presented as early as tomorrow because pres...

Something big in return. could this finally be a breakthrough or is it the final offer before the president shows moderates he tried, allowing democrats to go it alone. much more on that in a moment. we're also following an explosive fire spreading rapidly across the country. at least, that's the framing in a new warning in a major progressive group. the letter is addressed to former minority leader chuck schumer, but make no doubt it's aimed directly at joe. not the joe in the white house but west virginia joe over in the senate. the group leading the charge said, quote, this is truly a fiv...

More. >> to those who say we must make a decision between filibuster and x, i say this is a false choice. the reality is when you have a system that's not working effectively, the way to fix that is to change their behavior, not to eliminate the rules or change the rules, but to change your behavior. >> joining us now is nbc news capitol hill correspondent garrett haake who happens to be in west virginia for us, conveniently enough. also we ever capitol hill correspondent leigh ann caldwell who is here in washington, and teri palmeri. leigh ann, over to you. president biden backing down from h...

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