Sinema Agrees to Climate and Tax Deal, Clearing the Way for Votes

Senator Kyrsten Sinema had been her party’s last remaining holdout on the package, now slated to move forward on Saturday and pass the Senate within days.

By Emily Cochrane| The New York Times

Senator Kyrsten Sinema, Democrat of Arizona, announced on Thursday evening that she would support moving forward with her party’s climate, tax and health care package, clearing the way for a major piece of President Biden’s domestic agenda to move through the Senate in the coming days.

To win Ms. Sinema’s support, Democratic leaders agreed to drop a $14 billion tax increase on some wealthy hedge fund managers and private equity executives that she had opposed, change the structure of a 15 percent minimum tax on corporations, and include drought money to benefit Arizona.

Ms. Sinema said she was ready to move forward with the package, provided that the Senate’s top rules official signed off on it.

Ms. Sinema had been the final holdout on the package after Senator Joe Manchin III, Democrat of West Virginia, struck a deal with top Democrats last week that resurrected a plan that had appeared to have collapsed.

It brought Democrats one step closer to enacting the package and salvaging key pieces of their domestic agenda, beginning with a series of votes this weekend. It came just over a week after Mr. Manchin and Senator Chuck Schumer of New York, the majority leader, stunned their colleagues with an agreement to include hundreds of billions of dollars for climate and energy programs and tax increases in the legislation, on top of a proposal to reduce the price of prescription drugs and extend expanded health insurance subsidies.

With Republicans united in opposition, the measure needs the unanimous support of Democrats to move forward in the 50-50 Senate, so the party cannot afford even one defection.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

PRTA suspends operations

(Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County who have worked to bring new transportation infrastructure to the

Read More »