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Sen. Kyrsten Sinema (D-Ariz.) said she would soon be ready to “move forward” on a revised version of Senate Democrats’ health care, climate and deficit-reduction package, after party leaders agreed to scale back some of their original tax proposals.
The new approach — along with other changes to the proposal known as the Inflation Reduction Act of 2022 — satisfied Sinema’s chief concerns and helped set in motion a plan to approve it as soon as this weekend.
In a statement, Sinema said Democrats had “agreed to remove” a key tax targeting wealthy investors. She also suggested they had made additional, unspecified changes to a second provision that aims to impose a new minimum tax on corporations that currently pay nothing to the U.S. government.
From here, Sinema said she would await a final review from the chamber’s parliamentarian — a critical step in the process that allows Democrats to move their spending bill — at which point she would “move forward.”
See omnystudio.com/listener for privacy information.
By The John Rothmann ShowSen. Kyrsten Sinema (D-Ariz.) said she would soon be ready to “move forward” on a revised version of Senate Democrats’ health care, climate and deficit-reduction package, after party leaders agreed to scale back some of their original tax proposals.
The new approach — along with other changes to the proposal known as the Inflation Reduction Act of 2022 — satisfied Sinema’s chief concerns and helped set in motion a plan to approve it as soon as this weekend.
In a statement, Sinema said Democrats had “agreed to remove” a key tax targeting wealthy investors. She also suggested they had made additional, unspecified changes to a second provision that aims to impose a new minimum tax on corporations that currently pay nothing to the U.S. government.
From here, Sinema said she would await a final review from the chamber’s parliamentarian — a critical step in the process that allows Democrats to move their spending bill — at which point she would “move forward.”
See omnystudio.com/listener for privacy information.