Sinema, Kyrsten
Democrats Eye a Major Shift in How Corporations Are Taxed
WASHINGTON — At the center of the new climate and tax package that Democrats appear to be on the verge of passing is one of the most significant changes to America’s tax code in decades: a new corporate minimum tax that could reshape how the federal government collects revenue and alter how the nation’s most […]
Know MoreProgressives Embrace Climate and Tax Deal, Despite Disappointments
WASHINGTON — With enactment of a major piece of Democrats’ domestic agenda in sight within days, progressives in Congress are rallying, grudgingly but decisively, around a climate, health and tax package that is a shadow of the ambitious cradle-to-grave social policy overhaul they once demanded. Bowing to the realities of their party’s thin majorities in […]
Know MoreThe Carried Interest Loophole Survives Another Political Battle
WASHINGTON — Once again, carried interest carried the day. The last-minute removal by Senate Democrats of a provision in the climate and tax legislation that would narrow what is often referred to as the “carried interest loophole” represents the latest win for the private equity and hedge fund industries. For years, those businesses have successfully […]
Know MorePitching G.O.P. on Gay Marriage Bill, Tammy Baldwin Leaves Nothing to Chance
WASHINGTON — Senator Tammy Baldwin, the soft-spoken liberal Democrat of Wisconsin, was on a plane home from Washington last month when she got word that Senator Ron Johnson, her home-state colleague and a stridently hard-right Republican, had said publicly that he would not oppose a bill protecting same-sex marriage rights. Seizing a rare moment in […]
Know MoreSinema Agrees to Climate and Tax Deal, Clearing the Way for Votes
WASHINGTON — Senator Kyrsten Sinema, Democrat of Arizona, announced on Thursday evening that she would support moving forward with her party’s climate, tax and health care package, clearing the way for a major piece of President Biden’s domestic agenda to move through the Senate in the coming days. To win Ms. Sinema’s support, Democratic leaders […]
Know MoreWith Climate Deal in Sight, Democrats Turn Hopes on Sinema
WASHINGTON — As Senator Kyrsten Sinema, Democrat of Arizona, took her turn presiding over the Senate floor on Tuesday, Senator Joe Manchin III of West Virginia, a fellow Democrat, got down on one knee beside her at the dais, leaning in intently to speak to her in hushed tones. Ms. Sinema, an inscrutable lawmaker who […]
Know MoreDemocrats’ Climate Deal Isn’t Done Yet. Here Are the Remaining Hurdles.
“We have a good, balanced piece of legislation. It’s taken me eight months to get here,” Mr. Manchin said. “The process is what it is. You respect the process, and we’ll see what happens.” In a notice reviewed by The New York Times, Democratic floor staff offered some advance advice for senators and their aides […]
Know MoreAfter Clash, Manchin and Schumer Rushed to Reset Climate and Tax Deal
WASHINGTON — Senator Chuck Schumer, the majority leader, and Senator Joe Manchin III, Democrat of West Virginia, were both nursing resentments when they met secretly in a windowless room in the basement of the Capitol last Monday to try to salvage a climate package that was a key piece of their party’s agenda. Mr. Schumer […]
Know MoreDemocrats Can Win This Fall if They Make One Key Promise
Democrats hope to make November’s midterm elections a referendum on Roe v. Wade, the linchpin decision upholding abortion rights, which the Supreme Court is almost certain to strike down this summer. That strategy makes sense. Polls show that roughly two in three Americans oppose overturning Roe and almost 60 percent support passing a bill to […]
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