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Response to TrollBuster9090 (Original post)

Thu Jul 28, 2022, 10:29 PM

20. Well said. I don't know what went on behind the scene, but suddenly Manchin makes a deal,

then McConnell condemns it, and now they've passed major legislation on chip manufacturing, science education, research, and a lot more.

In a joint statement, Manchin and Schumer said: “The Inflation Reduction Act of 2022 will make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40% by 2030.”

According to a policy brief, the bill will generate $739bn through a 15% corporate minimum tax, prescription drug savings and other means. It excludes surtaxes on people making at least $10m a year, ending Democrats’ push to make the wealthiest Americans pay more taxes.

The proposal would invest $396bn in energy security and fighting climate change, and $64bn to bolster healthcare. Manchin also indicated that provisions to reform the permitting process for energy infrastructure, including gas pipelines, would be included in the deal.

https://www.theguardian.com/us-news/2022/jul/27/manchin-deal-democrats-schumer-reconciliation-bill-climate-health

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Arrow 44 replies Author Time Post
TrollBuster9090 Jul 28 OP
czarjak Jul 28 #1
TrollBuster9090 Jul 28 #2
MyOwnPeace Jul 28 #8
TrollBuster9090 Jul 28 #15
uponit7771 Jul 28 #13
TrollBuster9090 Jul 28 #16
LiberalLovinLug Jul 29 #40
Rhiannon12866 Jul 28 #3
Dustlawyer Jul 29 #25
Hermit-The-Prog Jul 29 #26
NJCher Jul 29 #34
Lucid Dreamer Jul 28 #4
Skittles Jul 28 #19
certainot Jul 28 #21
calimary Jul 29 #30
certainot Jul 29 #33
aggiesal Jul 28 #5
Fullduplexxx Jul 28 #6
halfulglas Jul 28 #7
Sogo Jul 28 #9
onecaliberal Jul 28 #10
patphil Jul 28 #11
jaxexpat Jul 28 #12
Ohio Joe Jul 28 #14
Maraya1969 Jul 28 #17
TrollBuster9090 Jul 29 #41
gab13by13 Jul 28 #18
LineReply Well said. I don't know what went on behind the scene, but suddenly Manchin makes a deal,
Martin68 Jul 28 #20
Farmer-Rick Jul 29 #27
Martin68 Jul 29 #32
TrollBuster9090 Jul 29 #43
NJCher Jul 29 #35
Martin68 Jul 29 #42
TrollBuster9090 Jul 29 #44
Crowman2009 Jul 28 #22
RANDYWILDMAN Jul 29 #23
Beartracks Jul 29 #24
Shermann Jul 29 #28
The Wizard Jul 29 #38
IronLionZion Jul 29 #29
BlackSkimmer Jul 29 #31
GoodRaisin Jul 29 #36
The Wizard Jul 29 #37
Initech Jul 29 #39
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