President Biden expressed optimism Monday about fellow Democrat and West Virginia Sen. Joe Manchin agreeing on a new tax proposal to help pay for Washington Democrats’ multi-trillion-dollar climate change and social spending bill, following a meeting this past weekend at the president’s Delaware home.
The plan is to impose a so-called “billionaire tax” on individuals and corporations.
Biden said Monday he felt “very positive” about reaching an agreement on his initiative, as Congress returns to Capitol Hill this week with the possibility of the Democrat-controlled Senate passing the measure and sending it to Biden for approval.
