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Inflation Reduction Act: Senator Sinema Wants Changes to Reconciliation Bill That May Torpedo the Whole Thing
PJ Media ^ | 08/04/2022 | Rick Moran

Posted on 08/04/2022 10:47:17 AM PDT by SeekAndFind

And then there was one.

Arizona Senator Kyrsten Sinema is the last Senate holdout and the only member standing between the Democrats and a big legislative victory that could boost their flagging hopes to stave off midterm disaster. She is playing hard to get, however, and Majority Leader Chuck Schumer is anxious to know what it’s going to take to bring her on board.

There are hundreds of billions of dollars available to combat climate change, and Sinema wants a big chunk of that for Arizona. She also has concerns about how the minimum 15% corporate tax will impact Arizona businesses. And she’s opposed to closing the carried interest loophole used largely by hedge fund managers to lower their tax rates.

Axios:

Behind the scenes: Sinema has been meeting privately, both virtually and in-person, with key stakeholders in Arizona as she continues to work through her assessment of the bill.

Sinema last week visited Flagstaff, Arizona, where she met with local officials who are still reeling from recent flooding and a wildfire that ravaged the state.

Arizona is one of the fastest-warming states in the U.S., and the state’s largest county, Maricopa County, has already hit a record for heat-related deaths this year.

“There are some who were surprised to learn Kyrsten was enthusiastic about the climate provisions last year, because they rightly consider her a centrist. But she’s a Senator from Arizona, first and foremost,” John LaBombard, Sinema’s former communications director and SVP at ROKK Solutions tells Axios.

Coastal liberal elites, who are already grumbling about what isn’t in the bill, might reconsider their vote if the minimum corporate tax or the carried interest loophole are ditched. There are already a laundry list of changes the radicals want that could blow the whole process to hell if Schumer isn’t careful.

(Excerpt) Read more at pjmedia.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Arizona
KEYWORDS: bill; incomereductionact; inflation; senate; sinema
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1 posted on 08/04/2022 10:47:17 AM PDT by SeekAndFind
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To: SeekAndFind

I just watch for the gaffes

LIVE: President Biden Hosting a Roundtable on Inflation.

https://rumble.com/v1erlw7-live-president-biden-hosting-a-roundtable-on-inflation....html


2 posted on 08/04/2022 10:48:25 AM PDT by janetjanet998
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To: janetjanet998

3 posted on 08/04/2022 10:50:49 AM PDT by z3n (Kakistocracy)
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To: SeekAndFind

Go, Krysten!
Stick a pin into that overinflated Balloon Budget.


4 posted on 08/04/2022 10:51:27 AM PDT by lee martell
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To: z3n

Heads up

http://theeconomiccollapseblog.com/its-happening-here-is-a-list-of-11-big-companies-that-have-announced-layoffs-within-the-last-2-weeks/


5 posted on 08/04/2022 10:51:39 AM PDT by combat_boots
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To: SeekAndFind

Sheidiot wants more money spent on climate change initiatives.


6 posted on 08/04/2022 10:51:52 AM PDT by cranked
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To: SeekAndFind

She’ll fold. Just you wait!


7 posted on 08/04/2022 10:59:50 AM PDT by Halls (Christian, Conservative, Proud Texan, Patriot, 100% Pro Life!)
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To: SeekAndFind

700+ billion “to fight climate change” and I understand there is zero dollars for baseline nuclear power generation. Proof that none of these people are serious about reducing CO2 emissions.


8 posted on 08/04/2022 11:01:04 AM PDT by hinckley buzzard ( Resist the narrative.)
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To: SeekAndFind

It would be awesome if she held fast and torpedoed this boondoggle.


9 posted on 08/04/2022 11:04:29 AM PDT by FLT-bird
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To: Halls

Perhaps she will fold, but Sinema can also read. That Lake won the GOP primary in spite of probable cheating in Pimal and Maricopa Counties may indicate that Arizona is moving back to red from purple. She may be thinking about her own political survival. The so-called Inflation Reduction Act will suppress growth with higher taxes, increase IRS harassment of small businesses, and be a green energy boondoggle. Sinema will face the effects of this act in 2024.


10 posted on 08/04/2022 11:09:02 AM PDT by Wallace T.
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To: Halls

Exactly


11 posted on 08/04/2022 11:10:47 AM PDT by chris haney (Apache)
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To: SeekAndFind

Sinema is scared about running against Kelli Ward.
Very likely the AstroNut is going to loose and she would be next.


12 posted on 08/04/2022 11:11:13 AM PDT by Zathras
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To: Halls

Exactly


13 posted on 08/04/2022 11:12:32 AM PDT by DMD13
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To: SeekAndFind

6X growth for IRS.
https://freerepublic.com/focus/f-chat/4083038/posts


14 posted on 08/04/2022 11:13:48 AM PDT by MulberryDraw (Stop trusting in man, who has but a breath in his nostrils. Of what account is he?)
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To: hinckley buzzard

Remember Solyndra?

This is the same type of slush fund to big tech democrat donors that Solyndra was.

I’ll bet everyone getting any of that $700 billion doesn’t even make one useful product or system to counter so-called GlowBull warming.

It is just another Congressional donor payoff with our children’s money.


15 posted on 08/04/2022 11:20:31 AM PDT by Alas Babylon! (Rush, we're missing your take on all of this!)
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To: SeekAndFind

The true political heir to McCain.


16 posted on 08/04/2022 11:21:31 AM PDT by Paleo Conservative
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To: SeekAndFind
key stakeholders

In plain English, she means the moneybags who fund her.

Arizona is one of the fastest-warming states in the U.S.

News broke today that the volcano in Tonga which erupted this past January is the cause of the extreme worldwide heat this year due to the massive amount of steam it ejected into the stratosphere. But why let a wee fact like that get in the way of a politician's version of dialing for dollars?

17 posted on 08/04/2022 11:26:00 AM PDT by Avalon Memories (Liberalism is a philosophy of sniveling brats. -- P.J. O’Rourke)
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To: Halls

Yes. When Schumer’s bribe get’s high enough, probably double Manchin’s, she fold like a cheap suit.


18 posted on 08/04/2022 11:30:44 AM PDT by Cen-Tejas
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To: Halls

Yes. When Schumer’s bribe get’s high enough, probably double Manchin’s, she fold like a cheap suit.


19 posted on 08/04/2022 11:30:44 AM PDT by Cen-Tejas
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To: z3n

That’s one of the best sunsets I’ve seen. A real, circular rainbow. Great find.


20 posted on 08/04/2022 11:43:41 AM PDT by mairdie (Pompeii - House of the Faun - Echoes of Ancient Rome, Michael Levy - https://youtu.be/1zGWHMgY4mA)
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