US House gives Joe Biden a win with massive bill on climate change and drug prices
2 years, 4 months ago

US House gives Joe Biden a win with massive bill on climate change and drug prices

ABC  

The Democrat-led US House of Representatives has approved a $US430 billion bill that is seen as the biggest climate package in the country's history, delivering a major legislative victory for President Joe Biden ahead of the November 8 midterm elections. Key points: About half of Americans support the climate and drug pricing legislation, according to polls Democrats say the bill will help to combat inflation by reducing the federal deficit Republicans warn that the bill may raise corporate tax bills and drive inflation The legislation to fight climate change and lower prescription drug prices aims to cut domestic greenhouse gas emissions. About half of Americans support the climate and drug-pricing legislation, including 69 per cent of Democrats and 34 per cent of Republicans, according to a Reuters/Ipsos poll conducted on August 3 and 4. Business groups have had a mixed reaction to the legislation, which offers the prospect of higher tax bills for some companies while at the same time giving protections to the fossil fuel industry. "Democrats more than any other majority in history are addicted to spending other people's money, regardless of what we as a country can afford," House Republican leader Kevin McCarthy said in a floor speech.

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History of this topic

House GOP approves broad bill to ‘unleash’ American energy
1 year, 8 months ago

House GOP approves broad bill to ‘unleash’ American energy

Associated Press  

WASHINGTON — House Republicans on Thursday approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change. Biden has threatened to veto the bill, saying it would replace “pro-consumer policies” adopted in the landmark climate law approved last year “with a thinly veiled license to pollute.’' The bill would roll back …

US House Republicans face unity test with major energy bill
1 year, 8 months ago

US House Republicans face unity test with major energy bill

Firstpost  

The 175-page measure, dubbed the Lower Energy Costs Act, represents a top 2022 Republican campaign pledge to lower Americans’ energy costs by scaling back Democratic President Joe Biden’s climate policies and increasing oil and gas production through deregulation. Washington: The Republican-controlled U.S. House of Representatives is expected to vote on its first major legislation of the year on Thursday, a …

Healthcare to climate change: All you need to know about Joe Biden's big $740 billion bill
2 years, 4 months ago

Healthcare to climate change: All you need to know about Joe Biden's big $740 billion bill

Firstpost  

The bill will infuse nearly $375 billion over the decade in climate change-fighting strategies, which is the biggest investment ever in the US. Also in the legislation is a $2,000 cap on out-of-pocket prescription drug costs for Medicare recipients as well as a new 15 per cent corporate minimum tax to ensure big businesses pay their share. Republicans deride the …

US President Joe Biden signs massive climate, health care legislation
2 years, 4 months ago

US President Joe Biden signs massive climate, health care legislation

India TV News  

Highlights President Joe Biden signed Democrats’ landmark climate change, health care bill into law on Tuesday Joe Biden aims to boost his party’s standing with voters less than 3-months before midterm elections The legislation includes the most substantial federal investment in history to fight climate change President Joe Biden signed Democrats’ landmark climate change and health care bill into law …

What’s in big Biden bill? Health, climate goals become law
2 years, 4 months ago

What’s in big Biden bill? Health, climate goals become law

Associated Press  

WASHINGTON — President Joe Biden arrived at the White House promising to “build back” America, and legislation he signed Tuesday delivers a slimmer, though not insignificant, version of that once sweeping idea. Also in the legislation is a $2,000 cap on out-of-pocket prescription drug costs for Medicare recipients as well as a new 15% corporate minimum tax to ensure big …

Biden signs climate, drug price bill into law, another win for him amid crisis for U.S. democracy
2 years, 4 months ago

Biden signs climate, drug price bill into law, another win for him amid crisis for U.S. democracy

LA Times  

President Biden hands a pen he used to sign the Democrats’ landmark climate change and healthcare act to Sen. Joe Manchin III of West Virginia. The Inflation Reduction Act and 2021’s $1.9-trillion American Rescue Plan passed on party-line votes — but the microchip bill, the veterans health bill and last year’s $1-trillion infrastructure overhaul all won some Republican support, fulfilling …

Biden signs $740bn health, climate, tax ‘Inflation Reduction Act’
2 years, 4 months ago

Biden signs $740bn health, climate, tax ‘Inflation Reduction Act’

Al Jazeera  

The legislation, though less than Biden originally wanted, brings the largest investment to fight climate change in United States history. US President Joe Biden has signed a $740bn climate change, healthcare and tax bill into law, handing the Democratic Party a much-needed win ahead of the November midterm elections. In a signing ceremony at the White House on Tuesday, Biden …

U.S. Congress passes climate, health bill — a Joe Biden triumph
2 years, 4 months ago

U.S. Congress passes climate, health bill — a Joe Biden triumph

The Hindu  

A divided Congress gave final approval Friday to Democrats' flagship climate and health care bill, handing President Joe Biden a back-from-the-dead triumph on coveted priorities that the party hopes will bolster their prospects for keeping their hold on Congress in November's elections. “Today is a day of celebration, a day we take another giant step in our momentous agenda," said …

House Passes Democrats’ Sweeping Climate And Health Bill
2 years, 4 months ago

House Passes Democrats’ Sweeping Climate And Health Bill

Huff Post  

LOADING ERROR LOADING Democrats gave President Joe Biden a big win for his economic and environmental agenda Friday as the House passed a sweeping bill to fight climate change, make seniors’ drugs cheaper and boost taxes on corporations. The bill was sharply pared back from the “Build Back Better” bill that passed the House last year and was stalled by …

US Congress passes spending bill in win for Biden administration
2 years, 4 months ago

US Congress passes spending bill in win for Biden administration

Al Jazeera  

The bill has breathed life into the Democratic Party’s ambitions to retain control of Congress in upcoming elections. The US Congress has passed the Democratic Party’s climate and healthcare bill in what is likely to be considered the most substantial legislative success of his first term. The bill passed 220-207 on Friday and includes $375bn meant to encourage a shift …

US Senate approves bill to fight climate change, cut drug costs in win for Joe Biden
2 years, 4 months ago

US Senate approves bill to fight climate change, cut drug costs in win for Joe Biden

India Today  

The US Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe Biden that Democrats hope will aid their chances of keeping control of Congress in this year's elections. "The Senate is making history," an elated Senate Majority Leader Chuck Schumer said, …

U.S. Senate passes Biden’s mega health, climate bill; House to vote next
2 years, 4 months ago

U.S. Senate passes Biden’s mega health, climate bill; House to vote next

The Hindu  

Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical costs and taxing immense corporations. It includes the largest-ever federal effort on climate change — close to $400 billion — caps out-of-pocket drug costs …

US Senate approves bill to fight climate change, cut drug costs
2 years, 4 months ago

US Senate approves bill to fight climate change, cut drug costs

Al Jazeera  

Democrats in the United States have passed a sweeping $430bn bill intended to fight climate change, lower drug prices and raise some corporate taxes, in a major victory for President Joe Biden. “This bill is going to change America for decades.” Schumer said the legislation contains “the boldest clean energy package in American history” to fight climate change while reducing …

US Democrats climate, energy, tax bill clears initial Senate hurdle
2 years, 4 months ago

US Democrats climate, energy, tax bill clears initial Senate hurdle

India TV News  

US Democrats pushed their election-year economic bill toward Senate approval early on Sunday, starting the sprawling collection of President Joe Biden's priorities on climate, energy, health and taxes on a pathway that the party hopes will end in final congressional passage by the end of this week. Republicans said Democrats' proposal would boost gasoline prices, a sore point for voters …

Democrat Sinema’s views on economic bill remain shrouded
2 years, 4 months ago

Democrat Sinema’s views on economic bill remain shrouded

Associated Press  

WASHINGTON — Democratic Sen. Kyrsten Sinema’s views remained a mystery Monday as party leaders eyed votes later this week on their emerging economic legislation and both parties pointed to dueling studies they used to either laud or belittle the measure’s impact. They cited a report from Congress’ nonpartisan Joint Committee on Taxation that said about half of the corporate minimum …

Biden hails economic bill amid signs of broad Dem support
2 years, 4 months ago

Biden hails economic bill amid signs of broad Dem support

Associated Press  

WASHINGTON — President Joe Biden hailed a nascent Democratic package of climate, health care and tax initiatives as “a giant step forward” for the country Thursday as congressional leaders began nailing down votes for a campaign-season bill they’ve cast as a boon for voters struggling with inflation. After Schumer briefed Democratic senators on the 725-page measure, Sen. Chris Van Hollen, …

Biden Says Energy Plan Will Fight Climate Change, Inflation In State Of The Union Speech
2 years, 9 months ago

Biden Says Energy Plan Will Fight Climate Change, Inflation In State Of The Union Speech

Huff Post  

LOADING ERROR LOADING President Joe Biden honed a pragmatic new message on climate change in his first State of the Union speech Tuesday evening, recasting his sweeping proposal to spend more than any country ever has on clean energy as a way to simultaneously combat the rise in U.S. planet-heating emissions and inflation. And we’ll do it to withstand the …

Biden’s $1.75 trillion domestic investment bill closer to law
3 years, 1 month ago

Biden’s $1.75 trillion domestic investment bill closer to law

Al Jazeera  

Democrats clear way for vote on measures including free preschool for all 3 and 4-year-olds. Democrats in the United States House of Representatives on Thursday advanced President Joe Biden’s $1.75 trillion domestic investment bill — despite a non-partisan arbiter’s finding that it would add to the deficit. Earlier, the Congressional Budget Office said the legislation would increase federal budget deficits …

House Democrats overcome last-minute right-wing campaign, pass Build Back Better bill
3 years, 1 month ago

House Democrats overcome last-minute right-wing campaign, pass Build Back Better bill

Salon  

After a late-night marathon stunt from the Republican leader in the House of Representatives, Rep. Kevin McCarthy of California, and a flood of last-minute money from multiple conservative groups targeted at moderates, House Democrats passed President Joe Biden's signature legislation. Vulnerable Democrats like Golden faced ad campaigns in their districts in recent weeks funded by right-wing opponents to President Biden's …

Manchin casts a shadow over potential US action at international climate summit
3 years, 1 month ago

Manchin casts a shadow over potential US action at international climate summit

CNN  

CNN — Climate groups and COP26 attendees are expressing frustration that US climate action is limited at the summit, in part because the country’s action ultimately depends on Congress – and, more specifically, that it depends on Sen. Joe Manchin, who opposes climate legislation that would rapidly reduce the use of fossil fuel. “It’s great to have the US back …

What’s in Biden’s $1.75 trillion ‘Build Back Better’ package?
3 years, 1 month ago

What’s in Biden’s $1.75 trillion ‘Build Back Better’ package?

Al Jazeera  

US House of Representatives passes Biden package that’s a cornerstone of his agenda to rebuild America. The Democratic-controlled US House of Representatives on Friday passed President Joe Biden’s $1.75 trillion social policy and climate package, sending it back to the Senate where it is likely to be modified further. Senate Minority Leader Mitch McConnell said the restrictions the legislation places …

Biden Reaches $550 Billion Climate Compromise Days Before Major UN Summit
3 years, 1 month ago

Biden Reaches $550 Billion Climate Compromise Days Before Major UN Summit

Huff Post  

President Joe Biden delivers remarks on his Build Back Better agenda from the East Room of the White House after meeting with members of the House Democratic Caucus at the U.S. Capitol. Kent Nishimura via Getty Images Just a week after fossil fuel stalwarts in his own party killed his signature carbon-cutting proposal, President Joe Biden announced Thursday a compromise …

Biden proposes $1.85 tn social security and climate plan
3 years, 1 month ago

Biden proposes $1.85 tn social security and climate plan

The Hindu  

In a bid to unite Democrats on Capitol Hill around an agenda-defining social security and climate action Bill, U.S. President Joe Biden visited Capitol Hill on Thursday morning, proposing a $1.85 trillion legislative package. Key elements left out The new ‘Build Back Better’ proposal, which has been linked to a $1 trillion infrastructure Bill that passed the Senate and is …

White House, Dems hurriedly reworking $2 trillion Biden plan
3 years, 2 months ago

White House, Dems hurriedly reworking $2 trillion Biden plan

Associated Press  

WASHINGTON — The White House and Democrats are hurriedly reworking key aspects of President Joe Biden’s $2 trillion domestic policy plan, trimming the social services and climate change programs and rethinking new taxes on corporations and the wealthy to pay for a scaled-back package. Biden later said the discussions are “down to four or five issues.” On one issue — …

Biden meets Democrat Pramila Jayapal at the White House
3 years, 2 months ago

Biden meets Democrat Pramila Jayapal at the White House

Daily Mail  

President Joe Biden met with progressive Democratic Rep. Pramila Jayapal at the White House Monday, days after saying his $3.5 trillion build back better plan will shrink, with community college and climate change programs on the ropes. Biden's meeting with the Washington Democrat, who chairs the House Progressive Caucus, comes after he has held repeat meetings with Senate holdouts Sen. …

The AP Interview: Jayapal pushes Biden for $3T spending bill
3 years, 2 months ago

The AP Interview: Jayapal pushes Biden for $3T spending bill

Associated Press  

WASHINGTON — Washington Rep. Pramila Jayapal, the head of the Congressional Progressive Caucus, says she has pushed President Joe Biden to hold the line and keep his ambitious social spending plan closer to $3 trillion instead of the $2 trillion range that he has floated to Democrats in recent days. Jayapal told The Associated Press in an interview Thursday that …

The AP Interview: Jayapal pushes Biden for $3T spending bill
3 years, 2 months ago

The AP Interview: Jayapal pushes Biden for $3T spending bill

Associated Press  

WASHINGTON — Washington Rep. Pramila Jayapal, the head of the Congressional Progressive Caucus, says she has pushed President Joe Biden to hold the line and keep his ambitious social spending plan closer to $3 trillion instead of the $2 trillion range that he has floated to Democrats in recent days. Jayapal told The Associated Press in an interview Thursday that …

In budget turning point, Biden conceding smaller price tag
3 years, 2 months ago

In budget turning point, Biden conceding smaller price tag

Associated Press  

WASHINGTON — President Joe Biden and congressional Democrats’ push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers flashing potential signs of flexibility. It’s going to be less than that.” Asked how he would trim $1 trillion from …

Joe Biden pitches spending plan as key to fight climate change
3 years, 3 months ago

Joe Biden pitches spending plan as key to fight climate change

India TV News  

President Joe Biden tried to advance his domestic spending plans on Colorado on Tuesday by warning about climate change’s dangers while highlighting how his clean-energy proposals would also create good-paying jobs. And, keenly aware of the delicate work underway back in Washington to craft details of his infrastructure-plus spending package, he gestured at Democratic legislators along for the tour and …

House Dems begin moving parts of Biden $3.5T domestic plans
3 years, 3 months ago

House Dems begin moving parts of Biden $3.5T domestic plans

Associated Press  

WASHINGTON — House Democrats began pushing plans for providing paid family and medical leave, easing climate change and bolstering education through House committees Thursday as they battled Republicans and among themselves over President Joe Biden’s $3.5 trillion vision for reshaping federal priorities. At a sixth committee, Democrats controlling the House Energy and Commerce panel unveiled new details supporting Biden’s push …

Senate Dems rallying behind Biden’s $3.5T budget vision
3 years, 4 months ago

Senate Dems rallying behind Biden’s $3.5T budget vision

Associated Press  

WASHINGTON — Senate Democrats across the political spectrum seem near the unanimity they’ll need for the crucial first step toward their $3.5 trillion vision of bolstering health care, education, family services and environment programs From Democratic socialist Bernie Sanders on the left to moderate Joe Manchin on the right, numerous Democratic senators have said they’ll support a budget resolution outlining …

Senate Dems rallying behind Biden’s $3.5T budget vision
3 years, 4 months ago

Senate Dems rallying behind Biden’s $3.5T budget vision

Associated Press  

WASHINGTON — Senate Democrats across the political spectrum seem near the unanimity they’ll need for the crucial first step toward their $3.5 trillion vision of bolstering health care, education, family services and environment programs From Democratic socialist Bernie Sanders on the left to moderate Joe Manchin on the right, numerous Democratic senators have said they’ll support a budget resolution outlining …

Biden objects to raising gas tax to pay for infrastructure
3 years, 6 months ago

Biden objects to raising gas tax to pay for infrastructure

Associated Press  

WASHINGTON — The White House made clear Friday that President Joe Biden was opposed to letting the federal gasoline tax rise at the rate of inflation to help pay for an infrastructure package that a bipartisan group of 21 senators is trying to craft. “The President has been clear throughout these negotiations: He is adamantly opposed to raising taxes on …

Biden offers tax deal to Republicans in infrastructure talks
3 years, 6 months ago

Biden offers tax deal to Republicans in infrastructure talks

Associated Press  

President Joe Biden is trying to break a logjam with Republicans on how to pay for infrastructure improvements, proposing a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement as a possible compromise. White House press secretary Jen Psaki said Biden examined possible tax code changes from his plans that Republicans might support. The idea …

Joe Biden defends his $2.5tn infrastructure bill and business tax hikes
3 years, 8 months ago

Joe Biden defends his $2.5tn infrastructure bill and business tax hikes

Daily Mail  

President Joe Biden launched a full-throated defense of his corporate tax hike to fund his $2.3 trillion dollar infrastructure plan, saying he was tired of ordinary Americans being fleeced. Biden's tax proposal would hike the corporate tax rate to 28 per cent, increase the de facto global minimum tax and crack down on companies that pay little or no income …

Biden's Infrastructure Plan Will Bring A Showdown Over Taxes
3 years, 8 months ago

Biden's Infrastructure Plan Will Bring A Showdown Over Taxes

Huff Post  

LOADING ERROR LOADING President Joe Biden is proposing a multitrillion-dollar infrastructure plan that would increase taxes on corporations to pay for roads, bridges and investments focused on mitigating climate change. But Biden’s corporate tax proposals unveiled Wednesday represent just a fraction of the various tax hikes Democrats have talked about adding to the infrastructure bill. The White House said it …

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