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Senate climate, tax bill grows to 755 pages, passes key CBO test

Senate Majority Chief Charles Schumer (D-N.Y.) on Saturday unveiled the up to date textual content of the Inflation Discount Act, which now spans 755 pages after a late spherical of negotiations with Sen. Kyrsten Sinema (D-Ariz.) to guard producers from tax will increase and impose an excise tax on inventory buybacks.  

Schumer’s workplace introduced that the Congressional Price range Workplace has confirmed the invoice meets the particular reconciliation directions specified by a funds decision handed final yr, which implies Democrats can cross it with a easy majority vote.  

Senate climate, tax bill grows to 755 pages, passes key CBO test – Earnicle

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