Treasury Secretary Believes Congress Will Pass Global Minimum Tax

Treasury Secretary Believes Congress Will Pass Global Minimum Tax
Secretary of the Treasury, Janet Yellen looks on as President Joe Biden and Vice President Kamala Harris meet with business leaders about the critical need for the American Rescue Plan in the Oval Office at the White House on Feb. 9, 2021. Pete Marovich/Pool/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:
Treasury Secretary Janet Yellen said she believes that Congress will likely approve a bill to implement the global corporate minimum tax agreed upon by 136 countries last week.

Speaking to ABC News on Oct. 10, Yellen said that a proposal to include the United States in the global corporate minimum tax plan would likely be part of the $3.5 trillion budget reconciliation plan that Democrats are trying to ram through Congress.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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