Sinema OKs spend bill
Sen. Kyrsten Sinema agreed on Thursday night to “move forward” with her fellow Democrats on the scaled-back Inflation Reduction Act that another holdout Democrat, Sen. Joe Manchin, agreed to last week.
The Arizona Democrat’s approval of the $739 billion health-care, climate and deficit-reduction package came after she was courted by lawmakers on both sides of the aisle ahead of the Senate’s summer recess next week.
“We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy in the Senate’s budget reconciliation legislation,” Sinema said in a statement.
“Subject to the parliamentarian’s review, I’ll move forward.”
Senate Majority Leader Chuck Schumer, who brokered the compromise with Manchin, said in a statement that the new “agreement preserves the major components” of the spending package.