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.”