In an unexpected turnabout, Sen. Joe Manchin has announced that he has reached an expansive agreement with Senate Majority Leader Chuck Schumer on health care costs, energy and climate issues, taxing higher earners and large corporations and reducing federal debt.
In an unexpected turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced Wednesday they had reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming of the federal debt.
In an abrupt announcement, he and fellow Democrat Schumer said the measure would raise $739 billion over 10 years in revenue, the biggest chunk coming from a 15% corporate minimum tax. The Senate will consider the sweeping package next week, said Schumer, D-N.Y., and Manchin, D-W.Va., who had negotiated for months and had seemed deadlocked over anything but a far smaller measure.
Tellingly, Democrats were calling the measure "The Inflation Reduction Act of 2022." Polls show that inflation, as embodied by gasoline prices that surpassed $5 per gallon before easing, have been voters' chief concern.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Joe Manchin Reaches Deal With Chuck Schumer on Energy, Healthcare PackageSenator Joe Manchin said he reached a deal with Majority Leader Chuck Schumer to vote on a package to lower energy and healthcare costs while narrowing the federal deficit
Baca lebih lajut »
Democrats Explain Why They Support Joe ManchinA controversial figure among Democrats, Sen. Joe Manchin (D-WV) has relentlessly blocked popular pieces of legislation from passing through the Senate. The Onion asked several Democrats why they still support him, and this is what they said.
Baca lebih lajut »
Sens. Joe Manchin and Lisa Murkowski have tested positive for COVID-19Sen. Murkowski tweeted out her diagnosis this morning, saying she had flu-like COVID symptoms and would quarantine at home in Alaska.
Baca lebih lajut »
Joe Rogan lists reasons why he refuses to become Republican'I'm so far away from being a Republican,' said Rogan on his podcast, describing himself as a 'bleeding heart liberal' on a number of issues.
Baca lebih lajut »
Joe Rogan Smears Republicans as 'Homophobic' for Not Codifying Same-Sex MarriagePodcaster and comedian Joe Rogan attacked Republicans for 'removing freedoms' like abortion and not codifying same-sex marriage in order to silence left-wing critics who might think him a 'secret conservative.'
Baca lebih lajut »
Joe Louis Walker, blues icon and native son of the Fillmore, plays SFJAZZNow 72 and having lived in Upstate New York for 14 years, the musician is coming home to co-headline a concert at the SFJAZZ Center with San Jose native Chris Cain on Thursday.
Baca lebih lajut »