Senate Democrats have agreed on a deal they say would lower drug costs, reduce carbon emissions and chip away at the federal deficit.
RELATED: Federal Reserve raises interest rate 0.75% to help with rising inflation
The measure is also projected to cut the deficit by approximately $300 billion over the next decade, in part by ramping up IRS enforcement and closing certain tax loopholes.
The senators project the proposal will raise $739 billion in revenue over 10 years, with nearly half coming from a 15% corporate minimum tax. The measure is meant to close a loophole that has allowed large companies from avoiding paying income tax.
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#Politics #Inflation #News
After losing so much to stock market, One of the best investment decision I ever made afterwards was investing in financial markets. Which has earned me $25,970 profit every 14days lately. Trust me guys it pays a lot.
Hey guys thanks a lot, you just saved me from crypto loss by recommending such a successful and a legit broker in the United States. This is the kind of information that we don’t get from most Youtubers I will get in touch with him right now.
When someone says: “trust me”
That is usually a red flag that you can’t trust them.
@Fredrick Dan Clinton Mark ?
Even his name sounds backwards
Lol scam alert 🚨
joe doing his best to bite every hand that feeds him.
Joe and Kirsten are the only two Democrats that are worth a damn.
Spending more doesn’t reduce inflation. That’s what got us here. How about a spending reduction act?
Someone needs to cut up Congress’ credit cards, this has been out of control for far too long. Until we can get our currency and economy under control, all foreign aid and overseas spending needs to stop. What happened to the 1.2 trillion dollar infrastructure bill?
Printing fiat currency in the trillions has nothing to do with inflation?! Don’t ask!
Ironic names for all bills: inflation will get worse with another 900 BILLION in spending.
All i know this does not look good and we are going pay big time for it , right now rent and food and heath is not far behind.
Yep let’s do just enough to bump Bozo’s poll numbers. Americans first 🇺🇸
Really ohh okay I’m just homeless for no reason then because of sky rocketing rent and food and gas! OMG
Thanks Biden!
Ok groomer
Let’s go Brandon, Barry and Company!
30 billion to Ukraine sure helped with the US inflation 🤦🏾♂️
brandon needs the “drugs” to keep him and jill focused and in line…both are daffy!!
THIS WILL MAKE INFLATION SKYROCKET 😱
Crack prices have skyrocketed out of control these days, I’m not sure who is to blame but as a official crackhead I am going to start voting Republican from now on
Joe was worn down I feel sorry for him he stood his ground long as he could I was rooting for you Joe manchin you gave in this country it’s going down so fast
You cannot reduce inflation through government spending. The only exception to this rule that I can think of is spending money to terminate people who either waste government money (e.g. Congress members) or people who live off government assistance. Of course, both of those result in net reductions in government spending so they aren’t really exceptions to the rule.
That’s what drug addicts do. They steal the remote then help you find it.
I’ve known them.
This admin creates all the problems then tells you how they’ll fix them.
It’s going to raise taxes on everyone. Inflation is a tax on everyone. This less than 400k rhetoric is delusional.
Why’s everyone saying that they would be spending more money? Is it listed how much the investment into domestic energy is? If it’s lest than 30 billion per year then wouldn’t we be spending LESS money.
Recession: Two consecutive quarters of decline in a country’s Gross Domestic Product