Sinema Agrees to Some Tax Hikes

“In a major development for President Joe Biden’s agenda, Sen. Kyrsten Sinema (D-AZ) has signed off on new revenues — including some tax increases on the wealthy — to help pay for Biden’s jobs and families plan,” Politico reports.

Said a source: “Senator Sinema has agreed to provisions in each of President Biden’s four proposed revenue categories — international, domestic corporate, high net worth individuals, and tax enforcement — providing sufficient revenue to fully pay for a budget reconciliation package in the range currently being discussed.”