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Just dropped · Trial Balloon · Ep. 194

What Just Happened?

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Trial Balloon · Ep. 194: What Just Happened?

Democrats Face Hard Choices to Pass Biden’s Agenda

July 11, 2021 · 7:25 am ET · Leave a Comment

Dan Balz: “Even if Democrats can agree on the overall shape of a reconciliation package, raising revenue could be a sticky issue, especially for those lawmakers who face competitive races in 2022. But Democrats believe that many of the potential revenue sources for the reconciliation package — a higher corporate rate or a higher top rate for individuals or higher capital gains taxes — are politically popular and therefore more palatable to the public and wavering lawmakers.”

“This debate could be influenced by the revenue assumptions in the bipartisan plan. The first look at what those negotiators outlined drew lots of criticism from outside analysts, who suggested there was a fair amount of fuzzy math involved. If that were to remain the case, Democrats might feel more emboldened to engage in some fuzzy math of their own in the reconciliation measure.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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