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What's In, And Out, Of Democrats' Inflation-Fighting Package
Newsy
The new measure has inflation-fighting strategies aimed at health care, climate change and deficit reduction.
What started as a $4 trillion effort during President Joe Biden's first months in office to rebuild America's public infrastructure and family support systems has ended up a much slimmer, but not unsubstantial, compromise package of inflation-fighting health care, climate change and deficit reduction strategies that appears headed toward quick votes in Congress.
Lawmakers are poring over the $739 billion proposal struck by two top negotiators, Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin, the conservative West Virginia Democrat who rejected President Biden's earlier drafts but surprised colleagues late Wednesday with a new one.
What's in, and out, of the Democrats' 725-page Inflation Reduction Act of 2022 as it stands now: