Big business groups lash out at Manchin-Schumer deal ...Middle East

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Big business groups lash out at Manchin-Schumer deal
Lobbying groups representing large corporations swiftly criticized a revamped reconciliation deal announced by Senate Majority Leader Charles Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) on Wednesday. They are zeroing in on the plan’s 15 percent minimum tax on corporations, which would help pay for massive investments in climate and energy security, extended health care subsidies and reduce the deficit. Big business lobbyists are expected to make a last-minute push to defeat or weaken the Manchin-Schumer agreement, which took K Street by surprise.  “Taxes that discourage investment and price controls that limit innovation will make our current economic problems worse,” U.S. C

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