Schumer Touts 'Menu of Options' for Tax Increases in Spending Bill

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Posted: Sep 23, 2021 1:15 PM
Schumer Touts 'Menu of Options' for Tax Increases in Spending Bill

Source: AP Photo/J. Scott Applewhite

Senate Majority Leader Chuck Schumer (D-NY) announced on Thursday, in vague terms, that an agreement on framework for taxes in the $3.5 trillion spending package has been reached between Congress and the White House. 

“The White House, the House and the Senate have reached an agreement on a framework that will pay for any final negotiated agreement. So the revenue side of this, we have an agreement on,” Schumer said. 

Without giving specifics, the Democratic leader added that the framework includes a “menu of options” for spending.

"We had a meeting with Secretary Yellen and White House people. Myself, Speaker Pelosi, Chairman Neal and Chairman Wyden. And we reached an agreement on a framework, menu of options that will pay for any final negotiated agreement," he continued.

Members of Schumer’s caucus seemed unaware of any specifics, though. Both Senator Bernie Sanders (I-VT), chair of the Budget committee, and Senator Kyrsten Sinema (D-AZ), who has publicly opposed the proposal's hefty price tag, said that they had not seen specific numbers. Sen. Dick Durbin (D-IL) also said he had not yet seen the framework referenced by Schumer.