Washington (AP) — Democrats stagnate measures for months, Sell priorities to voters..
Parliamentarians approved legislation 220-213 as all Democrats, but one upheld it and overcame Republican unanimous opposition. The bill is now heading to the Senate, where changes are certain and renews the controversy between cost-conscious Democratic moderates and progressives seeking bold policy changes.
So far, the Democrats have been happy to shake off the downturns such as the recession of elections outside the year, the plunge in Biden’s polls, public dissatisfaction with inflation, supply chain stagnation, and pandemics. All that and the nasty internal dispute of the party left little thought to voters about how the law could help them, polls said.
“First and foremost, rebuilding the American backbone of workers and the middle class will help us to recover the economy better than it used to,” Biden said in a statement.
He told White House reporters that he expected the bill to “take a while” to pass the Senate, but declared “I will sign it. A period.”
The law is one of the most expensive in a few years and its scope is noteworthy. Rewriting taxes, health care, the environment, education, housing and other policies, helping low- and middle-income earners, helping older people and fighting climate change.
Most will be paid in tax increases for the country’s highest-income earners, the largest businesses, and businesses operating abroad. This includes new additional taxes and corporate minimum taxes on people who earn more than $ 10 million annually.
Because of its size, scope, and symbolism of what the Democrats represent, parties believe this package will be useful in next year’s mid-term elections, where Republicans have a solid chance of gaining control of the House of Representatives and the Senate.
“Hey, hey, goodbye,” Republicans sang while cursing Democrats during the vote. Republicans call this measure a waste of money to exacerbate budget deficits, overheat inflation-stricken economies, and show voters that Democrats can’t resist bigger government than ever before.
Democrats see the 2,100-page law as delinquent, long-term support for the vast expanse of the country.
The bill “will be a pillar of American health and financial security,” said Democratic Speaker of the House Nancy Pelosi. “If you are a parent, senior, child, worker, if you are an American, this bill is for you.”
The Democrat, who chanted “Build Back Better,” jumped in front of the room with joy when the roll call was over.That’s Biden’s name on the bill — his other domestic priority, the bipartisan $ 1 trillion companion piece. Broadband, road and other infrastructure project packages He signed the law this week.
In the latest dose of parliamentary party bitterness, House Minority Leader Kevin McCarthy, R-Calif. Delayed the expected approval of the latest bill on Thursday when it unleashed an eight-hour, 32-minute diatrib against the bill, the president, and the Democratic Party.
McCarthy glared at Democrats booing and moaning during the longest speech in house history, including personal insults aimed at Pelosi. As a minority leader in 2018, she held a previous record and talked about immigration for 8 hours and 7 minutes.
“I don’t know if it’s a farewell tour,” McCarthy said of Pelosi’s recent trip to Europe. “If so, I want a T-shirt.”
Most of the bill’s costs come from a pile of new spending, but there are also hundreds of billions of tax credits to encourage certain goals.
In addition to spending more than $ 500 billion on clean energy projects, utilities are offering tax incentives to people who buy clean fuels and electric vehicles. There is money for childcare, vocational training, housing, free kindergartens for ages 3 and 4, home care for the elderly, and new hearing benefits for Medicare recipients.
People and government will also save money from new restraints on prescription drug prices, but the provisions are modest compared to the more stringent requirements most Democrats prefer. Extended tax credits are available for families with children, some low-income workers, and those who purchase private health insurance.
In words that helped win the support of high-value coastal state legislators, the bill will increase the federal deductions people can take for state and local taxes. This provision, which brings great benefits to wealthy earners, will cost more than $ 220 billion over the next five years and will be one of the most costly programs by law.
The bill also funds the new requirements for four weeks of paid family leave and creates temporary work permits that allow millions of immigrants to stay in the United States for up to 10 years. .. Both face an uncertain fate in the Senate.
The 50-50 division of the Chamber of Commerce and solid Republican opposition give all Democrats veto power. Senator Joe Manchin, who helped reduce the bill’s 10-year cost from the previous $ 3.5 trillion, opposed the family vacation provisions. Senators then enforce rules that make it difficult to include heavy provisions in policies such as major immigration law changes.
The bill will exacerbate the already huge budget deficit by $ 160 billion over the next decade, as estimated by the nonpartisan Office of Management and Budget. This will be even higher, except that the expected additional tax collection will be $ 127 billion, primarily by strengthening IRS spending for rich audits.
Both parties are selectively worried about the deficit. Republicans passed tax cuts in 2017, deteriorating red ink by $ 1.9 trillion, but Democrats enacted a COVID-19 bailout bill this year with the same price tag.
One of the more conservative Democrats in Congress, Rep. Jared Golden of Maine, was the only non-voting from his party.
The Responsible Federal Budget Committee, a nonpartisan organization that supports financial constraints, estimates that the bill would cost about $ 5 trillion if the Democrats weren’t making temporary preparations at a more affordable price. .. For example, tax credits for children will be extended for only one year, even if the Democratic Party makes it permanent if possible.
Associated Press correspondent Lisa Mascaro and AP writer Farnoush Amiri contributed to this report.
Copyright 2021 AP communication. all rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
House approves $ 2T of social and climate bill with Biden’s victory.Next Senate | Work
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