Billionaire tax takes shape as Biden pushes for budget deal
October 24, 2021
WASHINGTON (AP) — Democrats are working frantically to shore up the revenue side of President Joe Biden's domestic package, poised to unveil a new billionaires' tax to help pay for his social services and climate change plan after earlier tax plans fizzled.
Biden said Monday he's hopeful the talks with Congress can wrap up overall agreement on the package this week. It's tallying at least $1.75 trillion, and could still be more. Biden said it would be "very, very positive to get it done" before he departs for two overseas global summits.
"That's my hope," the president said before leavi...