News That Matters

Tag: Us Economy

What’s in, and out, of Democrats’ climate, health care and inflation bill
Health

What’s in, and out, of Democrats’ climate, health care and inflation bill

Manchin, Schumer strike an abrupt deal on health, energy, taxes bill Sen. Joe Manchin said the new measure "would dedicate hundreds of billions of dollars to deficit reduction by adopting a tax policy that protects small businesses and working-class Americans while ensuring that large corporations and the ultra-wealthy pay their fair share in taxes." WASHINGTON - What started as a $4 trillion effort during President Joe Biden's first months in office to rebuild America's public infrastructure and family support systems has ended up a much slimmer, but not unsubstantial, compromise package of inflation-fighting health care, climate change, and deficit reduction strategies that appears headed toward quick votes in Congress. Lawmakers are poring over the $739 billion proposal struck by t...