Democrats in Congress and White House officials are confident that they can pass a more than $3tn economic recovery package funded by tax increases on businesses and the wealthy, even in the absence of Republican support.
Joe Biden, the US president, this week said that his next “major initiative” after enacting this month’s $1.9tn fiscal stimulus bill would be a multibillion-dollar plan to fund long-term infrastructure, education and childcare spending — partially funded by tax increases.
He is expected to lay out more details of the package in a visit to Pittsburgh, Pennsylvania on Wednesday, ahead of negotiations with Capitol Hill that are expected to dominate the political agenda in the next few months.
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