A divided Senate has voted to start debating Democrats’ election-year economic bill
Sen. Ron Wyden, D-Ore., speaks with reporters on Capitol Hill in Washington, Saturday, Aug. 6, 2022. WASHINGTON — — Democrats pushed their election-year economic bill toward Senate approval early Sunday, starting theon climate, energy, health and taxes on a pathway that the party hopes will end in final congressional passage by the end of this week.
“The time is now to move forward with a big, bold package for the American people,” said Senate Majority Leader Chuck Schumer, D-N.Y. “This historic bill will reduce inflation, lower costs, fight climate change. It’s time to move this nation forward.” Nonpartisan analysts have said the legislation, which Democrats have named the Inflation Reduction Act, would have a minor impact on the nation’s worst inflation bout in four decades. Even so, it would take aim at issues the party has longed to address for years including global warming, pharmaceutical costs and taxing immense corporations.
Another, by Graham, was defeated; it would have erased a fee Democrats want to renew on barrels of oil that raises money for hazardous waste cleanups. Republicans said Democrats' proposal would boost gasoline prices, a sore point for voters after this summer's record pump prices.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senate parliamentarian OKs most of Dems' drug price controlsThe Senate parliamentarian narrowed Democrats' plan for curbing drug prices but left it largely intact Saturday, Democrats said, as party leaders prepared to start moving their sprawling economic bill through the chamber.
Read more »
Harris, Dems push climate, energy, tax bill through initial Senate hurdle in 51-50 voteThe House, where Democrats have a slender majority, could give it final approval next Friday when lawmakers plan to return to Washington.
Read more »
Dems' climate, energy, tax bill clears initial Senate hurdleThe Senate's nonpartisan rules arbiter has dealt a blow to Democrats’ plan for curbing drug prices.
Read more »
Dems’ climate, energy, tax bill clears initial Senate hurdleDemocrats plan for the Senate to begin considering the bill Saturday, and the House will return next Friday for votes.
Read more »
Dems' climate, energy, tax bill clears initial Senate hurdleWASHINGTON (AP) — A divided Senate voted Saturday to start debating Democrats’ election-year economic bill, boosting the sprawling collection of President Joe Biden’s priorities on climate, energy, health and taxes past its initial test as it starts moving through Congress.
Read more »