Manchin's New Deal

[Axtremus]

https://www.politico.com/news/2022/07/27/manchin-schumer-senate-deal-energy-taxes-00048325

Manchin's new deal with Schumer has something for the Affordable Care Act, climate change, American manufacturing and mining, and will reduce the deficit by $300 Billion.

They gave it a cute name too, “the Inflation Reduction Act of 2022.”

[Axtremus]

Looks like it will close the “carried interest” loop hole too.
Scroll down the Axios article a bit to get to a bullet point list of the major provisions included in the bill:

https://www.axios.com/2022/07/28/sinema-manchin-deal-senate-democrats

[89th]

That's a lot to read. Just cut to the chase, will men still be able to compete in women swimming events?

[taiwan_girl]

Not quite sure I understand why the 15% minimum company tax rate will cost $300+ billion?

[Axtremus]

https://www.cnbc.com/2022/07/29/senate-reconciliation-has-once-in-a-generation-prescription-reform.html

Article focusing on the bill's Medicare provisions:

1. Let Medicare negotiate prescription drug prices
2. Set Medicare Part-D out-of-pocket maximum to $2000