Reviving an old idea, Biden seeks to unlock bipartisan infrastructure deal
CNN
Walter Mondale, who passed away last month, hit an electoral buzzsaw after promising to raise taxes in his 1984 presidential campaign. His party learned fast.
The next Democratic nominee, Michael Dukakis, promoted a different revenue-raising plan: Tougher enforcement of existing tax laws. Though Dukakis also lost, his young economic adviser Larry Summers never dropped the idea. Now Summers has helped put tougher tax enforcement on President Joe Biden's economic agenda. And it just might unlock the bipartisan deal on infrastructure investments that Biden and Senate Republicans both insist they want.More Related News
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