Page 190 - Schumer News Today

In a shameless display of subservience to the corporate-financial oligarchy, the Biden White House and Democratic leadership in the Senate agreed on Thursday to gut provisions in their climate and tax bill that would modestly raise taxes on multibillion-dollar corporations and hedge fund billionaires.

So whats wrong with that? thats just not believable. ethat congress that t the leadership in congress is unaware of thishi. the house sergeant at arms and the senate sergeant at armsi or appointees of pelosi and schumer and they control the united states capitol police board that appoints the chief of policepp o. its just not credible. its notot credible that theyre unaware of thisth is this is so unprecedented what theyre doing here and itsus actually dangerous because weve seen with the januar...

Approves most of the stuff and shes onboard the train, they basically nailed this deal. sinema is not going to vote for some amendment that is going to tank the spill. on the hill, democrats and schumer will be popping the champagne. there will be a white house ceremony where biden will be beaming and out of covid, and that will be good for him. >> and definitely rocking the aviators. one thing i definitely wanted to get to, so much big new this week, kansas passed a law effectively banning abor...

Sinema got her way on corporate income tax when she heard from manufacturers in arizona. other than that, it remains the way it was crafted behind the scenes. which means senator manchin, and senator shoe -- schumer. schumer said they had to make those changes to get cinemas vote key to that as well. take a listen to what warren said to my colleague. >> look, were going to keep it together. we have to get 50 votes to get this thing across the finish line. thats where were going to do. look, i wa...

>> the majority leader -- >> i call up amendment 51 for, as modified with changes at the desk, and i ask that it be reported by number. >> without objection, the clerk will report. >> senator from new york, mr. schumer, proposes as men went 9549 as modified. >> madam president -- >> the junior senator from vermont. >> madam president, i call up my amendment 50 to 10. >> the clerk will report. >> senator from vermont, mr. sanders for himself and mr. merkley, proposes amendment number 50 2:10 to a...

WASHINGTON (AP) – United States (US) Democrats pared part of their proposed minimum tax on huge corporations and made other changes in their giant economic bill, Senate Majority Leader Chuck Schumer said on Friday, as they drove toward delivering a campaign-season victory to President Joe Biden on his domestic agenda. In an unusual peek at […]

Senate Majority Leader Chuck Schumer on Thursday evening said Democrats reached an agreement on the party's economic agenda.

The roughly $430 billion climate, drugs and tax bill that U.S. Senate Democrats are trying to push through Congress will include a new excise tax on stock buybacks, Majority Leader Chuck Schumer said on Friday. Lawmakers agreed to add that provision after reaching a deal with Democrat Kyrsten Sinema, a maverick who has often stood in the way of President Joe Biden's priorities, to drop another provision that would have imposed new taxes on carried interest.

>> reporter: after a week arms twist, schumer is confident all 50 democrats support the legislation. >> were feeling pretty good. >> reporter: schumer cut a deal with arizona democrat kyrsten sinema. she refuse to support a tax loophole for big investors and hedge fund managers. >> senator sinema said she would not vote for the bill unless we took it out. >> reporter: democrats slapped $74 billion in new taxes on firms which buy back their own stocks. republicans say moderates joe manchin and si...

That was a big one they were fighting for. and the package reduces the deficit. both senate leaders spoke about the bill yesterday with senator schumer praising the package, while minority leader mitch mcconnell criticized its size. >> soon, the senate will vote on the groundbreaking legislation. i expect well have late nights and extended debates here on the floor. but in the end, were going to make good on our word to pass the inflation reduction act. >> the democrats have decided to spend hun...