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.