Senate Democrats passed their long-awaited health care, climate and tax bill Sunday afternoon, a significant victory for the party before the November elections.
The bill passed 51-50, with Vice President Kamala Harris breaking the tie, after surviving hours of GOP amendments and a last-minute change to the corporate minimum tax rate backed by Sen. Kyrsten Sinema (D-Ariz.). It now heads to the House, which plans to take it up Friday.
Though it's significantly smaller than the $3.5 trillion plan envisioned by the party roughly a year ago, the legislation embodies some of Democrats' longest-held priorities. That includes a new minimum tax on large corporations, provisions to lower prescription drug prices and more than $300 billion to address climate change and promote clean energy. See here for further details.
To change your alert settings, please go to https://www.politico.com/_login?base=https%3A%2F%2Fwww.politico.com/settings.
This email was sent to edwardlorilla1986.paxforex@blogger.com by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA
Please click here and follow the steps to unsubscribe.
No comments:
Post a Comment