Today news
Joe Biden
Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who served as the 47th vice president of the United States from 2009 to 2017 and represented Delaware in the U.S. Senate from 1973 to 2009. A member of the Democratic Party, Biden is the presumptive Democratic nominee for president in the 2020 election. He unsuccessfully sought the Democratic presidential nomination in 1988 and in 2008.
The same in other media
Joe Biden Chuck Schumer Kamala Harris Joe Manchin USA President target Joe Biden Chuck Schumer Kamala Harris Joe Manchin USA

Senate Votes To Proceed On Democrats’ Climate, Health And Tax Package

Reading now: 750

The Senate on Saturday voted to advance a $700 billion package to address climate change, curb the rising cost of prescription drugs and extend Affordable Care Act benefits.The bill also will make a number of changes to the tax code, including the establishment of a 15% corporate minimum tax, intended to target major conglomerates that avoid paying taxes through a mixture of loopholes and other accounting maneuvers.The legislation, the Inflation Reduction Act, now likely has the votes for final passage, a big victory for a centerpiece of President Joe Biden’s agenda, which looked to have stalled out earlier last month.

The vote was 50-50 to bring the legislation to the floor, with Vice President Kamala Harris breaking the ties.Before it clears the Senate, the legislation will have to go through a lengthy process of debates and what is referred to as vote-a-rama, in which Republicans and Democrats are expected to offer an array of amendments can be offered.

That is expected to last until early in the morning on Sunday. Democrats have been working toward passage of the bill through the intricate legislative process of reconciliation, which allows bills to get to the floor by simple majority rather than the usual 60-vote threshold to avoid a filibuster.Once the legislation passes, it will head to the House, where a vote is scheduled for next Friday.“The Inflation Reduction Act is a groundbreaking bill for the American people: for families struggling to pay the bills, for seniors struggling to pay for medications, for kids struggling with asthma,” Senate Majority Leader Chuck Schumer (D-NY) said on the floor of the Senate before the vote to proceed. “This bill is for them.”Schumer and Sen.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related Celebs News