President Joe Biden, in a March 9 speech announcing his administration’s $6.8 trillion budget proposal, said it’s time for House Speaker Kevin McCarthy (R-Calif.) to announce his plan so they can explore “line by line” and determine areas of common ground.
“I’m ready to meet with the speaker anytime,” Biden said at a union hall in Philadelphia.
“Lay it down. We’ll go through it, see what we can agree on, what we disagree on, and then fight it out in the Congress.”
Biden’s budget proposes hiking the corporate tax rate from 21 percent to 28 percent, which would add $1.3 million to the Treasury, the White House said….}