The Schumer-Manchin compromise is a step in the right direction.
Tag: Schumer, Charles E
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Democrats’ Climate Deal Isn’t Done Yet. Here Are the Remaining Hurdles.
An agreement with Senator Joe Manchin III of West Virginia salvaged a key piece of President Biden’s agenda. But Democrats still have a few crucial steps to take before it becomes law.
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What Would the New Carried Interest Loophole Proposal Do?
Legislation agreed to by top Democrats falls far short of closing a tax loophole that party leaders have complained about for years but would narrow its preferential treatment.
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After Clash, Manchin and Schumer Rushed to Reset Climate and Tax Deal
The West Virginia Democrat said he had relented and agreed to sign on to a climate, energy and tax package after returning to negotiations to draft a version that would combat inflation.
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Seven Key Provisions in the Climate Deal
The $369 billion climate and tax bill would affect every aspect of U.S. energy production, with incentives for producers and consumers to move away from fossil fuels.