Although Sen. Kyrsten Silena (D-AZ), obstructed the bill at the last minute, it appears that they agreed on language as the Manchin-Schumer deal was passed.
A few weeks back, the bill that has significant effects on climate, health care, and tax policy appeared dead.
It now moves to the House, passage expected Friday.
— Lisa Desjardins (@LisaDNews) August 7, 2022
BREAKING: Senate passes historic bill, Democrats cheer as VP Harris casts the tie-breaking vote.
The bill that significantly affects health care, climate and tax policy looked dead just a few weeks ago.
Now it moves to the House – passage expected Friday.
— Lisa Desjardins (@LisaDNews) August 7, 2022
Was there any discussion about Sinema’s roadblock regarding the corporate minimum tax?
The Democrats found a way to get it done without the Thune amendment. This would have been a poison pill for some Democrats.
Multiple sources have informed me that Sen. Warner (Dems) will propose a “substitute amendment” to the Thune Amendment currently being voted on.
This will result in a change to the SALT pay-for, which is a poison pill for some Dems, to a new loss-limitation pay-ext.
— Lisa Desjardins (@LisaDNews) August 7, 2022
BREAKING: Democrats, you have a solution.
Am told by multiple sources that Dems (Sen. Warner) will offer a *substitute amendment* to the Thune amendment now getting a vote.
That will change the SALT pay-for (poison pill for some Dems) to a new pay for: loss-limitation ext.
— Lisa Desjardins (@LisaDNews) August 7, 2022
Rosen and Cortez Masto, too.
— Lisa Desjardins (@LisaDNews) August 7, 2022
Warnock, Ossoff and Kelly joined Sinema (so far) in passing for the change to protect some equity firms from the corp. min. tax.
Up next: Warner will propose an amendment that supercedes this and suggests a new pay for. That will also pass. Though I suspect with more Dems.
— Lisa Desjardins (@LisaDNews) August 7, 2022
This means that it is more likely that the House Democrats, who may have had problems with it, will now accept it. It’s now likely that it’s a done deal. Sinema, Manchin, and others sold us out and it’s a terrible day for America.
