Wednesday, May 28, 2025 | 12:09 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Here's what to expect from Senate's tax, climate and healthcare bill

After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit

US govt shuts down: Trump marks Year One as Budget plan fails in Senate
Premium

Photo: Reuters

Laura Davison | Bloomberg
The Senate passed Democrats’ landmark tax, climate and healthcare bill, setting up the legislation for House approval and President Joe Biden’s signature.
 
After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit, paid for by new corporate taxes. The legislation is far from the roughly $4 trillion to reshape the American economy that Biden first envisioned when taking office, but the bill still gives Democrats something to show voters ahead of the November mid-term elections.

Here are the highlights of