USA: Democrats agree on climate-social package

Despite disagreements within their own ranks, the Democrats have agreed on a climate-social package. The Republicans announced resistance.
After a long struggle in his own Democratic Party, US President Joe Biden is on the verge of success in his reform agenda. The Democrats in the Senate agreed on a slimmed-down climate, social and tax package on Wednesday. This was announced by his main opponent in his own ranks, Senator Joe Manchin, and the Democratic Senate Majority Leader, Chuck Schumer. The design includes 360 Billions of dollars among others for energy supply, e-cars and health insurance. In return, the minimum tax for large companies will increase to 15 percent raised – a height to which internationally. In addition, tax loopholes are to be closed for the particularly rich.
For Biden, passing the package would be a major achievement ahead of the May 8 midterm elections November, which will decide whether his Democrats will retain control of the House and Senate. In the Senate, their majority is very small – Democrats and Republicans each Senators, but Vice President Kamala Harris can tip the scales for Democrats, when they vote together for a law. Manchin, who belongs to the conservative wing of the Democrats, had long blocked the package and said he feared further fueling inflation. Democratic Senator Kyrsten Sinema, who has also at times opposed Biden, declined to comment.
Republicans Lament “Socialist Price Controls”
The legislative package is intended to Senate according to the Democrats in the coming week. A decision should be made in the next few days as to whether the package will be approved for a legislative process with a simple majority, said Majority Leader Schumer. Democrats are pressed for time as Congress is scheduled to go on summer recess later this week. The Republicans announced fierce resistance. Minority leader Mitch McConnell told Reuters: “Now they want to pass ‘job killer’ taxes and introduce socialist price controls, which will result in fewer people having access to treatments.”
Manchin and Schumer according to the various measures, the deficit in the US budget should be reduced by about 300 Decrease billions of dollars. The carbon dioxide emissions can be up to 2030 at about 40 percent can be reduced. Medicare state health insurance for the elderly and disabled will be allowed to negotiate the price of prescription drugs. Drug costs for seniors and the elderly would be at 768 Dollars limited annually. Vaccines should be available free of charge for seniors. In addition to older and lower-income US citizens, manufacturers of electric cars and companies for green energy should also benefit. Low earners should receive a tax credit of 4000 dollars when buying a used electric car. Also planned are tax credits and subsidies for automakers who convert their factories to produce more environmentally friendly vehicles.
By Bastian Brauns, Washington
Politics international and national
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