Key Senate Democrats Agree on $430B Tax, Drugs, Energy Bill
U.S. Democratic Senator Joe Manchin said Wednesday that he had reached a deal with Senate Democratic leader Chuck Schumer on a bill to increase corporate taxes, reduce the national debt, invest in energy technologies and lower the cost of prescription drugs. Manchin has often been a roadblock to President Joe Biden’s policy goals, including those specifically addressed in the bill. He previously said he wanted to address high U.S. prescription drug costs, but he was concerned more government spending could increase inflation. The bill includes $430 billion in new spending on energy and health insurance investments, and it more thanmore
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