GOP missteps help Democrats deliver their biggest win to date

France Nouvelles Nouvelles

GOP missteps help Democrats deliver their biggest win to date
France Dernières Nouvelles,France Actualités
  • 📰 MSNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Republicans took a major gamble. They lost — and handed Democrats a huge victory. (via MaddowBlog)

In the initial round of balloting on Election Day 2020, then-Sen. David Perdue was the top vote-getter, but the Republican incumbent fell shy of the 50 threshold. In Georgia, that meant he was forced into a runoff election, which Purdue fully expected to win.a narrow winIf Perdue had performed just 0.3 percent better in the first round, he would’ve won re-election and left the Senate in Republican hands. That 0.3 percent shortfall meant Justice Ketanji Brown Jackson was confirmed.

The package has been hailed as the biggest climate bill in American history, and the description is more than fair. At the heart of the reconciliation package is roughly $369 billion in investments in climate and energy programs. This includes everything from tax credits for electric vehicles to methane reductions, energy-efficient home improvements to the launch of a National Climate Bank.

What’s more, the bill includes a three-year extension on the Affordable Care Act subsidies that helped push the nation’s uninsured rate to an all-time low.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

MSNBC /  🏆 469. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Most Electric Vehicles Won't Qualify for the Tax Credit in the Inflation Reduction ActMost Electric Vehicles Won't Qualify for the Tax Credit in the Inflation Reduction ActThe Inflation Reduction Act requires that an EV must contain a battery built in North America with minerals mined or recycled on the continent to qualify for the $7,500 tax credit. And those rules become more stringent over time.
Lire la suite »

'Inflation Reduction Act' Would Help LA’s Hardest Hit Climate Communities'Inflation Reduction Act' Would Help LA’s Hardest Hit Climate CommunitiesIf the new bill gets signed into law, a lot more money would come to California and its cities to cope with and combat the climate crisis.
Lire la suite »

Misleading claims circulate on tax burden of Inflation Reduction ActMisleading claims circulate on tax burden of Inflation Reduction ActThe Inflation Reduction Act, a slimmed-down version of President Joe Biden's original Build Back Better legislation, includes billions in climate and health care funding. However, the bill's impact is the subject of claims and counterclaims; Republicans say it would increase taxes for those making less than $400,000 annually -- breaking one of Biden's campaign promises -- while Democrats insist it would not. Experts and independent reports say the act contains no direct tax increases on those with incomes below that threshold, but it may indirectly lead to some adverse economic impact in households.
Lire la suite »

Inflation Reduction Act 'a mess' after billionaire tax hike was removed, AOC's constituents sound offInflation Reduction Act 'a mess' after billionaire tax hike was removed, AOC's constituents sound offRep. Alexandria Ocasio-Cortez's constituents weighed in on how the Inflation Reduction Act kept the carried interest loophole, but addressed climate change.
Lire la suite »

A retail investor’s guide to the Inflation Reduction Act: how to prep your portfolioA retail investor’s guide to the Inflation Reduction Act: how to prep your portfolio'It’s really the shareholder who will bear the burden' of the 1% tax on stock buybacks, says one tax expert.
Lire la suite »

Analysis | Why the Inflation Reduction Act passed the Senate but cap-and-trade didn'tAnalysis | Why the Inflation Reduction Act passed the Senate but cap-and-trade didn'tMany factors converged to spell the cap-and-trade bill's demise, including the Great Recession and opposition from industry interests.
Lire la suite »



Render Time: 2025-03-10 14:02:17