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Key Democratic senator rejects Biden tax hike to finance $2T spending plan

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Sen. Joe Manchin, D-W. Va., opposes Head of state Biden's tax obligation boosts on corporations as component of the $2.3 trillion spending plan, placing the iniative in danger. FOX Business' Edward Lawrence with extra.

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Key Democratic senator rejects Biden tax hike to finance $2T spending plan

Sen. Joe Manchin, D-W.Va., opposes President Biden's tax increases on corporations as part of the $2.3 trillion spending plan, putting the iniative at risk. FOX Business' Edward Lawrence with more.

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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