Democrats are again grappling with how to pay for their multitrillion-dollar social safety net bill as Sen. Kyrsten Sinema remains opposed to raising taxes on the wealthy and corporations, three Democratic aides familiar with her position told NBC News.
Those tax hikes have been central to Democrats’ plan to pay for the legislation at the heart of President Joe Biden’s Build Back Better agenda, currently the subject of intense negotiation.
But on a Wednesday conference call that included White House aides, House Speaker Nancy Pelosi and Democratic Leader Chuck Schumer, Biden administration officials said those plans would possibly need to shift, according a source familiar with the matter.
Details of the meeting were first reported by The Wall Street Journal and the Washington Post.
On that conference call, administration officials and Democratic leaders continued to discuss how to pay for the multi-trillion-dollar legislation, including alternatives to increasing the highest income tax bracket and the corporate tax rate, according to two people familiar with the call.
In addition to Schumer and Pelosi, Senate Finance Committee Chairman Ron Wyden, D-Ore., House Ways and Means Committee Chairman Richard Neal, D-Mass., participated.
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