• About Us
  • Contact us
  • Editorial Policy
  • Terms & Conditions
  • Privacy Policy
Saturday, June 10, 2023
SUBSCRIBE
London Daily Post
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports
No Result
View All Result
London Daily Post
No Result
View All Result
ADVERTISEMENT

Sinema Reaches Deal with Democrats on Reconciliation | Politics

Editorial Board by Editorial Board
August 5, 2022
in Politics News
Reading Time: 2 mins read
0


Sen. Kyrsten Sinema has reached an agreement with Democrats on a revised version of the climate, health care and spending package, the Arizona Democrat announced Thursday after more than a week of silence.

“We agreed to eliminate the carried interest tax provision, protect advanced manufacturing and advance our clean energy economy in the Senate budget reconciliation legislation,” Sinema said in a statement. “Subject to parliamentary review, I will move forward.”

All eyes have been on Sinema this week after Sen. Joe Manchin of West Virginia in a major reversal last week struck a deal with Senate Majority Leader Chuck Schumer that revived legislation with massive implications for the Biden administration’s agenda and the Democrats’ midterm push in November. .

Political cartoons

Sinema’s opposition to the interest loophole, which allows investment managers to pay a lower tax rate on their income, was expected. Sinema said Thursday that he “looks forward” to working on interest tax reforms to protect “investments in the American economy” and foster “continued growth” while closing what he called the “most glaring loopholes that some abuse to avoid paying taxes”.

Schumer said in a statement that he believes the deal will win the support of all Senate Democrats. The final version of the bill will be introduced on Saturday, when the Senate is scheduled to return to the Capitol for a rare weekend session to begin the voting process before adjourning in August.



Source link

Share this:

  • Twitter
  • Facebook

Related Posts

Politics News

Hillary Clinton trolls Donald Trump after his indictment by hawking ‘BUT HER EMAILS’ merchandise on Twitter

June 9, 2023

Failed presidential candidate Hillary Clinton appeared to be gloating after the news that former President Trump was indicted on seven...

Politics News

GOP lawmakers demand hearing after emotional roundtable with detransitioned Americans

June 6, 2023

Republican lawmakers called for a hearing on transgender health care Monday evening after hearing emotional accounts from Americans who underwent...

Politics News

AI expert doubtful DC prepared for new tech: ‘Well, they put Kamala Harris in charge’

June 3, 2023

An expert and entrepreneur in the field of artificial intelligence warned that while the new technology has the potential to...

Politics News

Indiana state rep arrested driving while intoxicated, leaving site of car crash

May 31, 2023

An Indiana politician has been arrested on charges of driving under the influence and abandoning his car after a crash.Indiana...

Next Post

Business owners push for sanctioned homeless encampment at Albuquerque Westside Shelter

POPULAR

Entertainment

Elliot Page Recalls ‘Inception’ Cast ‘Full Of Cis Men’ Making Him So Anxious He Got Shingles

June 9, 2023
Finance News

A new bull market in stocks? Thank the VIX, says Fundstrat’s Tom Lee

June 9, 2023
World News

Ukraine presses counteroffensive as flood evacuations continue in south

June 9, 2023
  • About Us
  • Contact us
  • Editorial Policy
  • Terms & Conditions
  • Privacy Policy

© 2022 London Daily Post. All Rights Reserved.

No Result
View All Result
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports