Laura Litvan

Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.

Hikes in the top tax rates are off the table, although a “billionaire’s tax” on unrealized capital gains is under discussion.

There is increased momentum for an income tax on $1 billion or more in annual income, or three consecutive years of $100 million or more in income.

The Arizona Democrat — who has opposed raising rates on corporations and individuals — will back ways of increasing revenue from domestic corporations, global companies, high net-worth individuals and through tax enforcement.

While the immediate threat of a default would recede, the deal would merely delay the fight to December.

Manchin said any new programs should be means-tested and that the tax offsets should include elimination of the carried-interest provision that especially benefits private equity firms.

The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.

After early progress in the Senate, the administration's plans now face a crucial test this week in the House.

Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.

The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.

Democrats are also uniting behind a plan to muscle through a broader budget resolution to carry the party’s priorities.

The agreement marks a significant breakthrough in the drive to muscle through Congress a massive infusion of new spending for roads, bridges and other critical projects.

Accounting gimmicks may be needed to keep the federal government from defaulting.

The Senate Majority Leader will take a preliminary step Monday that would lead to a first test vote on the infrastructure plan by Wednesday. He set the same day as a deadline for all Senate Democrats to unite behind a budget blueprint.

The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy.

The cost of the expenditures would be offset by a variety of revenue-raising provisions, including stronger enforcement of tax collections from the wealthy.

The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.

Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks.

The administration said no deadline has been set for talks, but House Democrats said they are ready to move ahead without Republicans.

Lawmakers are trying to hash out a compromise $1.2 trillion, eight-year infrastructure spending package.