Coons’ carbon border plan yet to earn White House backing

The White House has yet to endorse a carbon border tax proposal floated by one of the administration’s key Democratic allies in the Senate, raising doubts about whether the tax plan will be included in the majority’s $3.5 trillion budget “reconciliation” package, even though senators have said they plan to. Reuters is reporting that the White House is “withholding” its support for the carbon border tax proposal by Sen. Chris Coons (D-DE) as Treasury Department and other officials try...