Kyrsten Sinema is reportedly scheduled today to hold a fundraiser with five corporate groups fiercely opposed to the $3.5 billion Biden Build Back Better budget reconciliation package.
According to the New York Times, the National Association of Wholesaler-Distributors and the grocers’ PAC, along with lobbyists for roofers and electrical contractors and a small business group called the S-Corp political action committee, have invited association members to an undisclosed location on Tuesday afternoon for 45 minutes to write checks for between $1,000 and $5,800, payable to Sinema for Arizona.
Sinema has also reportedly told her Senate Democratic colleagues in private that she is opposed to the corporate and individual tax rate increases set to pay for the bill’s provisions on health care, climate change, and other issues.
- The S-Corp PAC has reportedly told its members that the tax rate increases in the reconciliation package that was approved by the House Ways and Means Committee “would kneecap private companies.”
- The CEO of the National Association of Wholesaler-Distributors also said earlier this month that “passing the largest tax increase in U.S. history on the backs of America’s job creators as they recover from a global pandemic is the last thing Washington should be doing.”