Washington Post economics reporter Jeff Stein stopped by Hill.TV’s “Rising” on Wednesday to break down the extent of the resistance President Biden faces from Democrats in the House and Senate to raising taxes for his planned $2 trillion infrastructure package.
Speaking with co-hosts Saagar Enjeti and Krystal Ball, Stein said that there is so far only consensus within the Democratic caucus on about half of the revenue measures contained in the package.
“It’s really kind of amazing how much…opposition there is among Democrats themselves to Biden’s tax hikes,” Stein said.
“When you put it all together, while most Democrats are supportive of the spending side of the White House agenda, the taxes that Biden wants to pay for these measures…at best there’s maybe support for about half of that right now among Biden’s own party,” he continued.
Watch more of Stein’s interview above.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. hill tv