Senate Democrats voted Sunday to pass the landmark Inflation Reduction Act, approving the landmark $430 billion climate, tax and healthcare bill.
Senate Democrats voted Sunday to pass the landmark Inflation Reduction Act, approving the landmark $430 billion climate, tax and healthcare bill after months of negotiations that ended in a marathon series of overnight debates and amendment votes.the Inflation Reduction Act on Sunday.
Before its final passage, senators spent more than 15 hours debating amendments starting late Saturday night, including measures introduced by Republicans as well as Sen. Bernie Sanders .as key moderate Sen. Kyrsten Sinema looked to exempt smaller subsidiaries of large private equity firms from the package’s 15% minimum corporate tax, but Democrats accepted her requested changes and made up for the lost revenue by extending a limit on businesses writing off losses.
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