Sanders grapples with missed opportunity in Democrats' economic plan

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9. Is that entirely accurate?

Sen. Kyrsten Sinema signs off on Democrats’ big agenda bill, paving the way for Senate passage

Sinema said her support came after Democratic leaders agreed to remove a provision on closing the so-called carried interest tax loophole that enables wealthy hedge fund and investment managers to pay lower taxes.

“We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate’s budget reconciliation legislation," she said in a statement Thursday. "Subject to the Parliamentarian’s review, I’ll move forward."

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A Democrat familiar with the new agreement said it will contain “a new excise tax on stock buybacks that brings in far more revenue than the carried interest provision did.” A second Democratic source confirmed the new tax on stock buybacks.

It was not immediately clear what other changes Sinema secured to support the legislation. Schumer said Thursday that it keeps "the major components" of the original bill, "including reducing prescription drug costs, fighting climate change, closing tax loopholes exploited by big corporations and the wealthy, and reducing the deficit by $300 billion."

Sinema had long been opposed to a provision in the deal Manchin cut with Schumer that sought to close the carried interest tax break. A person close to Sinema said Thursday that her needs on the bill "have been met."

In her statement, Sinema said she'd work separately "to enact carried interest tax reforms, protecting investments in America’s economy and encouraging continued growth while closing the most egregious loopholes that some abuse to avoid paying taxes.”

https://www.nbcnews.com/politics/congress/sen-kyrsten-sinema-signs-democrats-big-agenda-bill-paving-way-senate-p-rcna41675