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Politics Crucial consultations in the US Senate on Bidens Great Reform Package

16:00  06 august  2022
16:00  06 august  2022 Source:   rp-online.de

Senate Democrats want to tax hedge funders by closing a loophole while Republicans cling to the hope that Sinema will object

  Senate Democrats want to tax hedge funders by closing a loophole while Republicans cling to the hope that Sinema will object Democrats are suddenly tiptoeing closer to a deal on Biden's economic agenda, but closing the carried interest loophole could be a sticking point."This Senate Democratic majority will ensure the wealthiest corporations and individuals pay a fairer share in taxes," Senate Majority Leader Chuck Schumer said Thursday at the US Capitol while debriefing congressional reporters about the state of play of the stunning deal he and centrist Democrat Sen. Joe Mahchin of West Virginia sprung on everyone late July 27.

East and a half after taking office, US President Joe Biden is faced with a decisive step in the fight for his big reform plans: the US Senate should have a hundred in the course of Saturday with the consultations Biddishes of billions of dollars begin, which was celebrated by Biden as "a groundbreaking innovation for working families". The Democrat had started his office with the promise of great reforms - but so far they have failed to materialize.

Anderthalb Jahre nach seinem Amtsantritt steht US-Präsident Joe Biden beim Kampf um seine großen Reformpläne vor einem entscheidenden Schritt: Der US-Senat sollte am Samstag mit Beratungen über ein milliardenschweres Klima- und Sozialpaket beginnen © Evan VUCCI A year and a half after taking office, US President Joe Biden is faced with a decisive step in the fight for his big reform plans: The US Senate should start on Saturday with consultations of over a billion dollar climate and social package

. Because the Democrats had surprisingly agreed on the legislative package at the end of July. Senator Joe Manchin, which belongs to the conservative party wing, gave up his resistance against a clearly slimmed down version of Biden's ambitious climate protection and social package from last year. The package, which is now for debate, provides for around $ 370 billion (around 363 billion euros) for energy safety and climate protection as well as $ 64 billion for health care.

Fact check: Altered image shows fabricated New York Times headline about conservative activist

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The Democratic Senator Kyrsten Sinema, who had blocked the package with Manchin last year, announced her support for the new law on Thursday evening. This is extremely important, because in view of the wafer -thin majority in the Senate, the Democrats cannot afford a single difference.

A vote in the Senate is expected for the start of the week. Then the legislative package goes to the House of Representatives, where the Democrats have a narrow majority. A few months before the congress intermediate elections in November, the adoption of the law would also be a great success for the president and his party in its slimmed down variant.

The Republicans have also heavily criticized the new package. "We will do what we can to prevent this law," said Republican Senator John Thun on Friday. But the possibilities of the Republicans are limited as long as there are no deviators within the Democrats. However, the Republicans could try to slow down the procedure through amendments.

Oer/Jes

Hunter Biden emails reportedly show him unable to pay his bills, including his assistant's full salary and a $1,700 Porsche payment .
"Pay the health care. Pay the Porsche," Biden told his assistant, adding she should pay herself half of the salary she said she was owed, according to CNN. An automated Wells Fargo "insufficient funds" email from December 2018 stated that one of his accounts lacked $1,700 for his Porsche payment. Video: What Is Hunter Biden Being Investigated For? Details Of Federal Probe (Newsweek) Your browser does not support this video In March 2019, his assistant pleaded with him to let her know if there was a new plan for paying about $370,000 in taxes and $120,000 in other bank debt, CNN reported.

usr: 1
This is interesting!