Just proof again that there aren’t any “moderate” Democrats left in the Senate. When push comes to shove, they will shove the American people further into recession and hyperinflate the currency if they can send more of our money to their pet causes. It’s a disgrace.
That’s where Sinema comes in. The moderate Arizona Democrat has occasionally thwarted the party’s agenda, along with West Virginia’s Joe Manchin. Manchin is already on board and has claimed credit for the last-minute agreement on the spending bill.
On Thursday night, Sinema said she would “move forward” with the bill, once reviewed by the Senate Parliamentarian.
“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,” the Arizona senator said in a statement. “Subject to the Parliamentarian’s review, I’ll move forward.”
“Following this effort, I look forward to working with Senator [Mark] Warner 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.”
Following her announcement, Schumer also issued a statement, saying, “I am pleased to report that we have reached an agreement on the Inflation Reduction Act that I believe will receive the support of the entire Senate Democratic conference.