United States: After Senate Democrats overcame divisions, US President Joe Biden hailed a success in getting a substantial portion of his seemingly health and climate crisis agenda through Congress. After Senate Democrats overcame divisions, US President Joe Biden hailed a success in getting a substantial portion of his seemingly health and climate crisis agenda through Congress.
This is the action the American people are expecting. It addresses today's issues -- high health costs and overall inflation -- as well as future investments in our energy security," Biden said in a statement on Wednesday.
The bill has a long way to go before it becomes law, but it has received significant support from conservative Democratic Senator Joe Manchin. His previous opposition effectively killed Biden's ambitious plans, as Democrats can't afford to lose a single vote in the 50-50 Senate, where Republicans rarely support Biden on anything.
“I worked hard to get input from all sides on legislation proposed by my Democratic colleagues and listened to the views of my Republican friends to find a way that ends inflationary policies so that Congress can respond to Americans suffering from high prices. can give." Told.
The agreement with Munchkin comes as a major political boost for Biden, whose approval rating is hovering around 40% ahead of November's midterm elections, when his Democratic Party is expected to lose control of Congress to the Republicans. If passed, the bill would invest $369 billion in clean energy and climate initiatives, as well as $64 billion in state-funded healthcare, including efforts to reduce the prices of severely high prescription drugs. A popular remedy for
It will be paid for by raising $739 billion, most of which will come from the 15% corporate tax rate. The additional $300 billion raised under the plan will be used to pay for the federal deficit. Biden, who has also had to abandon massive social and environmental spending plans, learned of the bill's reimbursement the same day he ended his five-day isolation following the Covid-19 infection. It comes even as Congress is on the verge of passing one of his priorities, a US$52 billion fund to encourage domestic production of semiconductors, which are used as electronics in modern equipment ranging from washing machines to military weapons. There are brains.
Biden said in his statement that drug prices would drop and health care would be $800 cheaper per year for Americans using the subsidized Affordable Care Act policy.
They claim that clean energy funding will "create thousands of new jobs and help lower energy costs in the future." "All of this would be paid for by requiring large corporations to pay their fair share of taxes, with no tax increase for households earning less than $400,000 per year." Biden praised Munchkin, a volatile Senate aide, for his "extraordinary effort." "If passed, this legislation would be historic, and I urge the Senate to act as quickly as possible, and for the House to follow suit."
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