Your vote gets the anti-inflation law going.
(Photo: Reuters)
Washington With a narrow majority of Democrats, the US Senate has passed a draft law for massive investments in the social sector and climate protection, among other things. Vice President Kamala Harris – who also chairs the Senate by office – cast the deciding vote by a simple majority on Sunday.
Republicans voted unanimously against the so-called Anti-Inflation Act. With amendments, they had delayed adoption for almost 16 hours. In the end, all of the Democratic senators plus Harris voted in favor of the bill, providing the necessary majority of 51 votes.
Senate Majority Leader Chuck Schumer said after the vote the bill would reduce inflation, create millions of jobs and increase energy security. He added: “The Senate has now passed the most significant piece of legislation ever to tackle the climate crisis. And it will make a difference for my grandchildren.”
The approval of the House of Representatives, which has scheduled a vote for Friday, is still necessary – in this chamber of Congress, the majority is considered secure.
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US President Joe Biden welcomed the passage by the Senate and called on the House of Representatives to vote soon. Biden acknowledged that the law required “a lot of compromises.” “That’s almost always the case with important things,” he added.
The draft that has now been approved looks …
- … expenditures of 430 billion dollars and new tax revenues of around 740 billion dollars.
- … propose that tax loopholes for companies and especially the rich be closed.
- …to combat climate change, propose a reduction in CO2 emissions and greater use of renewable energies.
- … proposed that medication costs for older people be reduced.
After tough negotiations, the package is only a fraction of what US President Biden wanted to achieve for climate and social issues. In particular, Democratic Senator Joe Manchin repeatedly torpedoed Biden’s plans.
Schumer had negotiated changes with Manchin a few days ago and surprisingly presented an agreement. For Biden, however, the passage shortly before the congressional elections in November is an important success.
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