Via Politico:

House Democrats this week are moving forward with their long-awaited plan to raise taxes to help pay for their next big spending package. With more than 40 separate tax increases, collectively worth $2 trillion, it would be the largest package of tax increases in decades — and a test of Democrats’ willingness to raise rates.

Lawmakers want the money to fund plans to greatly boost government benefits, from expanding access to pre-K programs to beefing up Medicare — though Democrats remain at odds over the plan’s total size, with Sen. Joe Manchin of West Virginia balking at designs to spend $3.5 trillion.

Democrats are now racing to move the plan though the House, with the Ways and Means Committee taking it up Monday and Tuesday. Speaker Nancy Pelosi plans to have it approved and out of the House by the end of this month.

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