Democrats say they’ve reached agreement on economic package

WASHINGTON, 06 August 2022, (TON): Senate Democrats have agreed to eleventh-hour changes to their marquee economic legislation, they announced, clearing the major impediment to pushing one of President Joe Biden’s paramount election-year priorities through the chamber in coming days.

Sen. Kyrsten Sinema, D-Ariz., a centrist seen as the pivotal vote in the 50-50 chamber, said in a statement “she had agreed to revamping some of the measure’s tax and energy provisions and was ready to move forward on the bill.”

Senate Majority Leader Chuck Schumer, D-N.Y., said he believed his party’s energy, environment, health and tax compromise will receive the support of the entire Democratic membership of the chamber.

His party needs unanimity and Vice President Kamala Harris’ tie-breaking vote to move the measure through the Senate over certain solid opposition from Republicans, who say the plan’s tax boosts and spending would worsen inflation and damage the economy.

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