{"id":1593351,"date":"2022-08-07T15:03:34","date_gmt":"2022-08-07T19:03:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1593351"},"modified":"2022-08-07T15:03:41","modified_gmt":"2022-08-07T19:03:41","slug":"senate-democrats-hit-roadblock-on-health-and-climate-bill","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-democrats-hit-roadblock-on-health-and-climate-bill\/","title":{"rendered":"Senate Democrats Hit Roadblock on Health and Climate Bill"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-democrats-hit-roadblock-on-health-and-climate-bill%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1593351&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"https:\/\/www.theepochtimes.com\/t-democrats\">Democrats<\/a> drove their election-year economic package toward <a href=\"https:\/\/www.theepochtimes.com\/t-senate\">Senate<\/a> approval and debated a smaller measure\u00a0than one that was proposed by President Joe Biden as they hit a roadblock on Sunday afternoon over a tax provision.<\/p>\n<p>\u201cI think it\u2019s gonna pass,\u201d Biden told reporters as he left the White House early Sunday to go to Rehoboth Beach, Delaware, while Senate Majority Leader Chuck Schumer (D-N.Y.) claimed that the $740 billion bill\u2014slated to be worth hundreds of billions of dollars\u2014\u201dwill reduce inflation.\u201d<\/p>\n<p>\u201cIt will close tax loopholes and it will reduce and reduce the deficit,\u201d Schumer added. \u201cIt will help every citizen in this country and make America a much better place.\u201d<\/p>\n<p class=\"Component-root-0-2-339 Component-p-0-2-329\">But concerns over objections to the new 15 percent corporate minimum tax on private equity firms and other industries threatened to slow the progress.<\/p>\n<p class=\"Component-root-0-2-339 Component-p-0-2-329\">Sen. John Thune, of South Dakota, the second-ranking Republican, was working on an amendment that would strip the tax for certain sectors. He was trying to draw support from Sens. Kyrsten Sinema (D-Ariz.) and Joe Manchin (D-W.Va.), two holdouts who have bucked their party before.<\/p>\n<p class=\"Component-root-0-2-339 Component-p-0-2-329\">Thune predicted several more hours of negotiations and debate. \u201cHopefully we\u2019ll have a solution to land the plane,\u201d he told reporters at the Capitol.<\/p>\n<p>Republicans said the measure would undermine an economy that policymakers are struggling to keep from plummeting into recession. They said the bill\u2019s business taxes would hurt job creation and force prices skyward, making it harder for people to cope with the nation\u2019s worst inflation since the 1980s.<\/p>\n<p>\u201cDemocrats have already robbed American families once through inflation, and now their solution is to rob American families a second time,\u201d Senate Minority Leader Mitch McConnell (R-Ky.) said on the floor.<\/p>\n<p>Spending and tax increases in the legislation would eliminate jobs while having an insignificant impact on inflation and climate change, the<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democrats drove their election-year economic package toward Senate approval and debated a smaller measure\u00a0than one that was proposed by President Joe Biden as they hit a roadblock on Sunday afternoon over a tax provision. \u201cI think it\u2019s gonna pass,\u201d Biden told reporters as he left the White House early Sunday to go to Rehoboth Beach, [\u2026]<\/p>\n","protected":false},"author":58,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1593351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1593351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1593351"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1593351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1593351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1593351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1593351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}