Kyrsten Sinema will 'move forward' in support of Inflation Reduction Act

Kyrsten Sinema will 'move forward' in support of Inflation Reduction Act
Image via Gage Skidmore.
Frontpage news and politics

Senate Majority Leader Chuck Schumer announced on Thursday evening that the "entire" Democratic Party caucus is unified behind the Inflation Reduction Act.

Schumer announced the final bill would be introduced on Saturday, likely setting up a weekend vote-a-rama followed by votes next week.

Sen. Kyrsten Sinema (D-AZ) announced she will "move forward" after preserving the carried interest tax loophole that is primary used by hedge fund managers.

The bill will also have to go before the Senate parliamentarian.

Passage of the bill would be a major victory for Democrats and President Joe Biden heading into the 2020 midterm election.

This would be the second big legislative victory this summer after passage of the burn pit bill.

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by