Democratic Sen. Kyrsten Sinema announced she will 'move forward' with Democrats' massive climate, prescription drug and spending bill after Democrats removed a portion of the bill narrowing the carried interest tax loophole and made other changes.
Sen. Kyrsten Sinema said Thursday that she would"move forward" with Senate Democrats' spending bill to tackle climate change, health care and tax reforms.
Sinema's announcement all but locks in the bill for Democrats, who need all 50 Democratic votes on board in order for the bill to pass, with a tie-breaker vote from Vice President Harris. The legislation solidifies key portions of President Biden's domestic agenda. Majority Leader Chuck Schumer, D-N.Y., said in a statement that the agreement reached among Democratic senators maintains major components of the bill.that I believe will receive the support of the entire Senate Democratic conference," Schumer said."I have had many productive discussions with members of our conference over the past three days and we have addressed a number of important issues they have raised.
The legislation is getting passed through a budget reconciliation process, which circumvents the 60 votes usually needed to pass a bill. The Senate parliamentarian is still combing through the text to make sure the legislation can be voted on through the reconciliation process.
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