In a concession to Republicans, President Joe Biden proposed that instead of raising the corporate tax rate to pay for a bipartisan infrastructure package totaling at least $1 trillion, they'd work to ensure corporations don't exploit tax loopholes.
But the president still supports raising corporate taxes to cover other parts of his agenda, the White House said.
Biden's latest infrastructure counteroffer, proposed to Republican senators this week, would keep intact President Donald Trump's 2017 tax cuts that they oppose unwinding, calling it a "red line" in their negotiations with the White House.
The tweaked proposal would no longer raise the corporate tax rate from 21% to 28%, relying on other funding components of Biden's American Jobs Plan: beefing up tax enforcement on the country's wealthiest earners and ensuring the largest corporations – some of which have avoided paying any taxes because of loopholes – pay at least a minimum of 15%.
He doesn't want to have to answer questions. Even though the mainstream press is, for the most part, sympathetic Biden. No answers. Additionally, his mental faculties continue to deteriorate. During the presidential campaign his staff found all kinds of ways to hide him from the press. And then finally, presidents have become more and more imperial. Even before Trump.
Is Biden too senile to realize what's at stake here. What's the excuse? Get DeJoy out.
The Senate has approved three Biden nominees to fill vacancies on the board, but that’s not enough. Bloom and the five other board members who stood silent as DeJoy wreaked havoc over the past year should be out, too. Under law, they can be dumped for grave dereliction of duty; we would argue that allowing DeJoy’s actions would fall under that category.
And the first order of business for the new board should be to bring in a new postal service boss who has a better plan to improve the $4 billion agency.
Until then, we’re all stuck with a floundering and ineffectual postal service.
After two decades of combat, Americans by more than 2-1 say the war in Afghanistan, launched in the wake of the 9/11 attacks, wasn't worth it. In a new USA TODAY/Suffolk University Poll, three of four predict the Taliban-led country will once again become a haven for terrorists targeting the United States.
For President Joe Biden, the cost of the war's chaotic end has been steep. His overall job-approval rating now stands at 41% approve versus 55% who disapprove – a big drop in the closely watched barometer of political health. While he has held the backing of 87% of Democrats, only 32% of independents now say he's doing a good job.