WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said a tax hike would be needed to pay for part of a big infrastructure modernization package that President Joe Biden plans to introduce later this year.
Yellen, in an interview with CNBC, said details were still being worked out on the infrastructure and clean energy package, which would come on top of a $1.9 trillion coronavirus relief plan that is now working its way through Congress.
(Reporting by Andrea Shalal and David Lawder; Editing by Leslie Adler)
