A new poll showed that Biden's $4 trillion sweeping infrastructure plan drew two-thirds support among voters. Republicans are pushing to cut its size.
Biden also offered to cut the amount of new spending he's seeking to $1 trillion. Republicans have barely budged in the negotiations.
The latest plan is unlikely to satisfy the White House and Democrats, who are seeking robust new spending on healthcare and education.
The Biden administration is pushing ahead with $4 trillion in spending to overhaul the economy. But tough headlines in May are challenging that.
McConnell is doubling down in his resistance to amending the Trump tax law while Kevin McCarthy expressed concern over today's inflation data.
McConnell didn't budge on his opposition to consider unwinding the 2017 Trump tax cuts, saying that step would not get GOP support.
McConnell said there would be "zero" GOP support for Biden's $4.1 trillion spending plans, which include universal pre-K and cash payments.
The plan would set up user-fees to tax people rather than corporations. Democrats are likely to oppose it since it's a quarter of Biden's proposal.
Pressing the GOP to roll back Trump's corporate tax cut is like asking Democrats to undo Obamacare, an expert said. They may raise gas taxes instead.
The package may come in at $600 billion to $800 billion and would likely avoid hiking taxes on corporations or undoing much of Trump's 2017 tax cuts.
Sen. Bill Cassidy of Louisiana said he was in the midst of drafting an "alternative" to President Joe Biden's multitrillion-dollar jobs package.
Trump's 2017 tax cuts weren't "rocket fuel" for job growth and productivity like he promised, but CEOs are fighting Biden's hike with similar claims.
Democrats may deficit-spend as Republicans attack Biden's efforts to raise taxes. "His only red line is inaction," Press Secretary Jen Psaki said.
Sen. Roger Wicker says Republicans oppose repealing parts of their 2017 tax law. Biden wants to fund his massive jobs plan with corporate tax hikes.
"I'm actually okay at 28%," Gary Cohn told Yahoo Finance last year. That's exactly the rate Biden wants corporate tax rates to go back to, from 21%.
Manchin argued embarking on reconciliation repeatedly would harm the nation's future. Republicans are united in opposing Biden on infrastructure.
"I don't think our guys are going take the bait on that," one top Senate Republican said as Democrats assemble a massive jobs package.