Name: Senate Republicans Formally Counter Biden's Radical $2 Trillion Proposal
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Senate Republicans Formally Counter Biden's Radical $2 Trillion Proposal

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Senate Republicans on Thursday have formally countered President Joe Biden’s $2.25 trillion proposal at $568 billion.The proposal maintains the 21 percent corporate tax rate and current state and local tax (SALT) deductions, opposing Biden’s tax hike to 28 percent and Senate Democrats’ proposal of 25 percent. The initiative also includes raising “taxes on those making more than $400,000 a year,” Axios .Moreover, the Republican initiative focuses on traditional infrastructure items, such as roads, bridges, water storage, broadband, and ports. The plan &nbsp;the Democrats’ “Orwellian campaign” that seeks to relabel many far-left policies as “infrastructure.”The plan “Federal Programs &amp; Policies should”:The breakdown of the specific items as follows:The cosponsors of the legislation are Sens. Pat Toomey (R-PA),&nbsp;Roger Wicker (R-MS),&nbsp;John Barrasso (R-WY), and Mike Crapo (R-ID).Meanwhile, Biden’s $2.25 proposal hit another wall Wednesday when&nbsp;Sen. Joe Manchin (D-WV) said he would like to see bipartisanship on the measure. “I would hope to see Democrats and Republicans agreeing on infrastructure – infrastructure by itself,” he reporters.“It won’t be the $2.3 trillion; that, I can tell you,” Manchin said.Manchin, along with Sens. Mark Warner (D-VA), Kyrsten Sinema (D-AZ), and Jon Tester (D-MT) are also Biden’s corporate tax hike of 28 percent, potentially negotiating Biden down to 25 percent.The Republican plan does not include SALT deductions in which&nbsp;21 House Democrats have&nbsp;&nbsp;9 Republicans to repeal.“The SALT deduction cap was instituted by former President Trump and&nbsp;, as a result, ‘put President Joe Biden in a bind’ due to the cap ‘disproportionately’ impacting ‘Democrats in high-tax states by eliminating a popular federal deduction.'” Breitbart News ..Please if you're having issues with commenting.

Senate Republicans on Thursday have formally countered President Joe Biden’s $2.25 trillion proposal at $568 billion.The proposal maintains the 21 percent corporate tax rate and current state and local tax (SALT) deductions, opposing Biden’s tax hike to 28 percent and Senate Democrats’ proposal of 25 percent. The initiative also includes raising “taxes on those making more than $400,000 a year,” Axios .Moreover, the Republican initiative focuses on traditional infrastructure items, such as roads, bridges, water storage, broadband, and ports. The plan &nbsp;the Democrats’ “Orwellian...

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Senate Republicans Formally Counter Biden's Radical $2 Trillion Proposal

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