White House's economic advisor Lael Brainard is speaking and said:
- debt ceiling fights have been unproductive
- It should not cost hundreds of dollars to prepare taxes, expect direct filing to become more widely available
Earlier today Brainard said:
- We should fully pay for any tax cuts extended in 2025
- Biden would not accept outcome that does not preserve current tax breaks for the middle class
- Corporate tax rates are too low for country's fiscal health.