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Senate Passes Democrats’ Landmark Tax, Climate, Drugs Bill

  • Biden agenda clears chamber after night of marathon votes
  • GOP warns tax increase could deepen looming recession
Bloomberg business news
U.S. Senate Passes Democrats’ Landmark Tax, Climate, Drugs Bill
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The Senate passed a landmark tax, climate and health-care bill, speeding a slimmed-down version of President Joe Biden’s domestic agenda on a path to becoming law after a year of Democratic infighting that the White House was unable to control.

The vote on the bill was 51 Democrats in favor to 50 Republicans against, with Vice President Kamala Harris casting the tie-breaking vote after an overnight marathon of votes on amendments. It now goes to the House, where the Democratic majority is expected to pass it on Friday.