Washington (CNN) - Senate Majority Leader Harry Reid will announce Monday that Democrats will seek a .5% (point five percent) surtax on annual incomes over $1 million to pay for the first individual component of President Obama's broader jobs package, which was rejected in the Senate last week, a Senate Democratic leadership aide told CNN.
That component of the larger jobs bill would provide $35 billion in aid to states to help preserve jobs for teachers and first responders, the White House and Senate Majority Leaders Harry Reid's office said.
The administration and congressional Democrats hope the slimmed-down bill – aimed at helping teachers and firefighters – will be difficult for Republicans to oppose, especially as the economy sputters and voters seek solutions from Washington.
However, a top Senate Republican leadership aide immediately indicated Republicans – and some Democrats – probably would not be willing to go along with a tax increase to pay for the measure. All Republicans and two Democrats voted against the larger package last week, which included larger tax hikes on millionaires.
Reid will also announce he will try to pass the aid bill later this week, something that likely would need the cooperation of Senate Republicans because the Senate would have to set aside an appropriations bill that is currently pending on the floor.
The new surtax proposal is a fraction of the 5.6% percent surtax on incomes over $1 million that Democrats originally put forward to offset the cost of the president's broader jobs bill, which had a price tag of about $450 billion.
Reid and other Democratic senators are scheduled to hold a press conference call at 2:30 p.m. ET to unveil additional details of their bill.