Senate Democrats approve big Biden deal; House to vote next

  • 📰 AP
  • ⏱ Reading Time:
  • 87 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 51%

United Kingdom United Kingdom Headlines News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

BREAKING: Senate Democrats passed an election-year economic bill package focused on climate, taxes and health care with a tie-breaking vote from Vice President Kamala Harris.

Progressive Sen. Bernie Sanders, I-Vt., offered amendments to further expand the legislation’s health benefits, and those efforts were defeated. Most votes were forced by Republicans and many were designed to make Democrats look soft on U.S.-Mexico border security and gasoline and energy costs, and like bullies for wanting to strengthen IRS tax law enforcement.

Before debate began Saturday, the bill’s prescription drug price curbs were diluted by the Senate’s nonpartisan parliamentarian. Elizabeth MacDonough, who referees questions about the chamber’s procedures, said a provision should fall that would impose costly penalties on drug makers whose price increases for private insurers exceed inflation.It was the bill’s chief protection for the 180 million people with private health coverage they get through work or purchase themselves.

But the thrust of their pharmaceutical price language remained. That included letting Medicare negotiate what it pays for drugs for its 64 million elderly recipients, penalizing manufacturers for exceeding inflation for pharmaceuticals sold to Medicare and limiting beneficiaries out-of-pocket drug costs to $2,000 annually., the expensive diabetes medication, at $35 monthly. Democrats wanted to extend the $35 cap to private insurers but it ran afoul of Senate rules.

Several Democratic senators joined the GOP-led effort to exclude some firms from the new corporate minimum tax.It was on the energy and environment side that compromise was most evident between progressives and Manchin, a champion of fossil fuels and his state’s coal industry. Clean energy would be fostered with tax credits for buying electric vehicles and manufacturing solar panels and wind turbines. There would be home energy rebates, funds for constructing factories building clean energy technology and money to promote climate-friendly farm practices and reduce pollution in minority communities.Manchin won billions to help power plants lower carbon emissions plus language requiring more government auctions for oil drilling on federal land and waters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Then perhaps maybe you'd like to trade places with me and live with a target of the Russia investigation. I am a Russiagate whistleblower. The USG is holding my son and I in captivity to protect political power in America. I've posted receipts. 2016RICO J6 USHistory

It's the commie way Democrats like to do things anymore.

THE DEATH OF THE DEMOCRAT PARTY AS WE KNOW IT!

Print more money to reduce inflation? It will be worse!

IRS were given $80 billion to hire up to 87,000 employees How many rich tax cheats will they have to catch to even break even? Also IRS stockpiled 4,500 guns and 5 million rounds of ammunition, for 'rich tax cheats' ? Something does not add up after all the 'defund the police'

SenatorCardin Thanks to my two Senators Ben Cardin and Chris Holden for playing an invaluable role in the passing of this very important set of bills. I’m a 71 year old Diabetic.

Tax increase on people and families making less than $400k a year. Against the promise made by Biden. Politicians being politicians I suppose.

Doing good for people that need it. This is government.

HussainForjustice TheMessageOfKarbala

This is what it was about AP . Money grab from Feds Tax Dollars to States that Rape Citizens on Taxes !

The Road to Great Depression

The most treasonous package will only hurt Americans

Middle class America get ready for BOHICA

Biden May end up the best or most astute President we have ever had! Democrats hold the future of the World in their hands Republicans are Medieval in comparison and have no idea how to handle the New World 🌎

President Biden has made History today!

Spend spend spend! Our children will pay for it!

Americans: We're getting destroyed by inflation. Please help. Democrats: So, we heard you like inflation...so we passed a bill that's going to add some inflation to your inflation so you can enjoy inflation while the IRS investigates you.

🤮

Kamala, My First Choice for President!

VoteBlue2022 to get more Democrats in office to finally pass a bill that stops 'PRICE GOUGING' (rents/mortgages/food/goods/gas/oil. The wealthiest are attacking the middleclass. We outnumber them so Republican/Democrat/Independent voters we need to come together to fuck them up!

Billionaires are over the moon excited

Un F BELIEVABLE

How many of you out there really believe this will help you or others in similar life situations? That’s what I thought.

Yay higher taxes!!

This just made inflation worse

Hee haw, it's all Big Fossil Fuel garbage. Read the crappy legislation before you fall for the headlines. The devil is ALWAYS in the details.

Another win for our President this week,congratulations for doing your job of helping the American people weather they realize it or not ,sad that other party doesn’t care about the people they represent,just themselves

About damn time! Congratulations to a bipartisanship 👏🏽

Democrats have a great plan. They get in power,raise gas $3 a gallon then lower it 80 cents. Cause a record inflation pass an inflation reduction act.

Rafael Warnock sponsored a proposal to lower insulin, Herschel Walker thinks insulin is the itchy stuff in his walls . Vote sensibly!!!

Fuel for inflation. A win, but not his, and not good for the nation.

Sounds very bipartisan if Kamala was the tie-breaking vote…

Waiting for CNN jaketapper CNNPolitics to not talk at length about this great week for democrats, President Biden and millions of people but resume back to the sky is falling headlines

Finally!👏👏👏👏🇺🇸

Whole bunch of politicians just made their future selves jobless. Vote all these turds out.

The Senate passed the Inflation Reduction Act after Kamala Harris cast the tie-breaking vote in favor of passage.

GhostBert Does the Patriot Act make you feel more free? Does the American Rescue Plan make you feel rescued? I think the same applies to 'Inflation Reduction Act'

So how does this help the average person being crushed by inflation?

Ribs

Now that it has passed, start preparing for food, fuel, educational and medical supply shortages. The small businesses that did survive the lockdown will be shuttering their doors.

VoteBlueToProtectOurRights VoteBlueToSaveDemocracy VoteBlueNoMatterWho VoteBlueOrWeAreScrewed VoteBlueIn2022 to get more done for All Americans‼💙💜💙💜

maggieNYT When was the last time an administration has had this much legislative success?

👏👏👏👏🙌

maggieNYT Now I wanna see every Democratic member of congress on TV every night talking about the things that even Republican voters can see will help them. Don’t even mention climate change …we’ll get back to that later. Uh…you can mention that every Republican voted against progress.

Great, another $800,000,000,000 spent. Spend and tax, that's all they do

Good job Joe! You got it done!

Thanks for raising taxes TheDemocrats

Climate is ClimateScam

So here's the question; will it pass the house? Yes, Dems still have a majority but will any vote against? Does Speaker Pelosi have any GOP support (which she needed with the Infrastructure Bill)?

DemRats Raising taxes will kill the middle class. Then we'll be a 2 class system. Just what Dems want. This is the time to reduce government monetary burdens.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines