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Senate PASSES Biden-backed $740billion reconciliation bill with no Republican support after Kamala casts tie-breaking vote: GOP Sen. Rick Scott says deal is a 'war on seniors' and Democrat Sen. Chris Coons admits it may take a YEAR to ease inflation
[Daily Mail, where America gets its news] - The bill passed on a party-line vote with Vice President Kamala Harris breaking the 50-50 tie
- It passed with an amendment by GOP Senator John Thune to exempt some companies from its 15 percent corporate minimum tax
- Senate Dems erupted in cheers and applause after the 16-hour voting session
- Democrats were hopeful for a win ahead of November's midterm elections
- The bill contains funding to beef up IRS enforcement, expand green energy production, and lower the cost of healthcare
- Republicans successfully forced Democrats to strip a provision that would have capped the price of insulin at $35
- President Biden celebrated, stating that 'today, Senate Democrats sided with American families over special interests,' and urged the House to pass the bill
- Democrat Senator Chris Coons admitted the bill could take 'a year or more' to bring down the inflation rate, which hit 9.1 percent in June
Posted by: Skidmark 2022-08-08 |
