Democrats gain support from Sinema for Inflation Reduction Act

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sen. Kyrsten Sinema (D-Ariz.) said on Thursday she plans to “move forward” with a revised Democrats’ appeasement bill after reaching a deal to roll back some of the original tax provisions.

Why it matters: Sinema may have been the last hurdle for Democrats trying to meet President Biden’s longtime goal of passing an ambitious package to tackle climate change, health care and taxes — dubbed the “Inflation Reduction Act of 2022.”

  • “We have agreed to cut the provision of the deferred interest tax, protect advanced manufacturing and boost our clean energy economy in the Senate budget reconciliation legislation,” Sinema said. said in a statement.
  • “Subject to the MP’s assessment, I will continue.”
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