President Biden has already been lucky with the Senate parliamentarian’s ruling stating that the president’s tax and infrastructure plans can pass the Senate with a simple majority, rather than the 60 usually required to end debate, but he may need more luck to keep his own party united. Sen. Joe Manchin (D-WV) has already signaled his hesitance to increase the corporate tax rate from 21% to 28%, instead favoring an increase to 25%. The high price tag of his plan, currently over $2 trillion, could also dissuade Manchin and fellow moderate Kyrsten Sinema (D-AZ) from backing his plan.
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