Corporations launch lobbying assault on Democrats’ budget plan

Major corporations and their trade groups are reportedly launching a “lobbying blitz” to narrow the scope of Capitol Hill Democrats’ climate-heavy budget “reconciliation” package, with industry pressing to limit tax increases for companies that would finance the broader bill that is poised to include major climate mitigation measures. The Washington Post is reporting on the lobbying push, describing corporate opposition to the $3.5 trillion package as “vast,” including oil giants, large banks, major technology firms, big retailers and drug...