The Japan Times - US Senate adopts sweeping climate and health plan, in major victory for Biden

EUR -
AED 4.382198
AFN 78.754674
ALL 96.774708
AMD 453.149301
ANG 2.136006
AOA 1094.207135
ARS 1723.102862
AUD 1.703562
AWG 2.147844
AZN 2.027442
BAM 1.958133
BBD 2.409352
BDT 146.164116
BGN 2.003902
BHD 0.44984
BIF 3543.996936
BMD 1.193246
BND 1.513406
BOB 8.265053
BRL 6.196645
BSD 1.1962
BTN 110.054406
BWP 15.599563
BYN 3.379194
BYR 23387.630134
BZD 2.405847
CAD 1.612422
CDF 2693.762547
CHF 0.916294
CLF 0.025959
CLP 1024.998187
CNY 8.291151
CNH 8.289429
COP 4358.929228
CRC 591.891888
CUC 1.193246
CUP 31.621031
CVE 110.398824
CZK 24.32057
DJF 213.014461
DKK 7.467264
DOP 75.160557
DZD 154.348858
EGP 55.874598
ERN 17.898697
ETB 185.131832
FJD 2.622039
FKP 0.865821
GBP 0.867049
GEL 3.215789
GGP 0.865821
GHS 13.067895
GIP 0.865821
GMD 87.70765
GNF 10498.001207
GTQ 9.178126
GYD 250.254403
HKD 9.315604
HNL 31.597639
HRK 7.540838
HTG 156.807821
HUF 381.264314
IDR 20023.868432
ILS 3.681565
IMP 0.865821
INR 109.70767
IQD 1563.749454
IRR 50265.506279
ISK 145.027398
JEP 0.865821
JMD 187.696961
JOD 0.846036
JPY 183.553496
KES 154.250804
KGS 104.349672
KHR 4801.014384
KMF 491.617467
KPW 1074.001913
KRW 1714.128315
KWD 0.365981
KYD 0.996775
KZT 600.868221
LAK 25678.663363
LBP 107122.636637
LKR 370.091721
LRD 221.344446
LSL 18.781995
LTL 3.523347
LVL 0.721783
LYD 7.487624
MAD 10.8345
MDL 20.12057
MGA 5321.878904
MKD 61.653933
MMK 2506.310149
MNT 4256.181546
MOP 9.616435
MRU 47.574622
MUR 54.20887
MVR 18.435607
MWK 2072.668697
MXN 20.600147
MYR 4.698762
MZN 76.069502
NAD 18.865481
NGN 1659.806193
NIO 43.189568
NOK 11.43188
NPR 176.109616
NZD 1.971279
OMR 0.458799
PAB 1.196155
PEN 3.989617
PGK 5.083822
PHP 70.236878
PKR 333.900229
PLN 4.209046
PYG 8027.167678
QAR 4.344732
RON 5.098262
RSD 117.403788
RUB 89.791784
RWF 1733.190447
SAR 4.47538
SBD 9.615301
SCR 17.094249
SDG 717.748765
SEK 10.549557
SGD 1.511223
SHP 0.895244
SLE 29.085359
SLL 25021.780252
SOS 681.970209
SRD 45.34754
STD 24697.792058
STN 24.610708
SVC 10.466336
SYP 13196.79832
SZL 18.849358
THB 37.471506
TJS 11.172143
TMT 4.188295
TND 3.373606
TOP 2.873051
TRY 51.903114
TTD 8.118705
TWD 37.455406
TZS 3036.811959
UAH 51.195332
UGX 4255.17589
USD 1.193246
UYU 45.264869
UZS 14555.155623
VES 437.738577
VND 30910.452286
VUV 142.675312
WST 3.241825
XAF 656.725554
XAG 0.010797
XAU 0.00023
XCD 3.224808
XCG 2.155741
XDR 0.816831
XOF 653.262056
XPF 119.331742
YER 284.471219
ZAR 18.895594
ZMK 10740.668787
ZMW 23.654963
ZWL 384.224865
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • RELX

    -1.2100

    36.17

    -3.35%

  • GSK

    0.5600

    50.66

    +1.11%

  • NGG

    0.3900

    85.07

    +0.46%

  • CMSC

    0.0100

    23.71

    +0.04%

  • BTI

    0.0600

    60.22

    +0.1%

  • CMSD

    0.0392

    24.09

    +0.16%

  • AZN

    -0.6300

    92.59

    -0.68%

  • RIO

    1.7600

    95.13

    +1.85%

  • BCE

    0.2200

    25.49

    +0.86%

  • VOD

    0.1400

    14.71

    +0.95%

  • BCC

    -0.5500

    80.3

    -0.68%

  • JRI

    -0.0500

    12.94

    -0.39%

  • RYCEF

    -0.0700

    16.88

    -0.41%

  • BP

    0.3400

    38.04

    +0.89%

US Senate adopts sweeping climate and health plan, in major victory for Biden
US Senate adopts sweeping climate and health plan, in major victory for Biden / Photo: Stefani Reynolds - AFP

US Senate adopts sweeping climate and health plan, in major victory for Biden

After 18 months of arduous negotiations and a marathon night of debate, the US Senate on Sunday passed Joe Biden’s ambitious climate, tax and health care plan -- a significant victory for the president ahead of crucial midterm elections.

Text size:

Voting as a unified bloc and with the tie-breaking vote cast by Vice President Kamala Harris, Democrats approved the $430 billion spending plan, which will go to the House of Representatives next week, where it is expected to pass before being signed into law by Biden.

The plan, crafted in sensitive talks with members on the right wing of his Democratic Party, would include the biggest US investment ever on climate -- $370 billion aimed at effecting a 40 percent drop in greenhouse gas emissions by 2030.

That would give Biden a clear victory on one of his top agenda items and go some way toward restoring US leadership in meeting the global climate challenge.

- Electric cars -

The bill would provide ordinary Americans with a tax credit of up to $7,500 when purchasing an electric car, plus a 30 percent discount when they install solar panels on their roofs.

It would also provide millions to help protect and conserve forests -- which have been increasingly ravaged in recent years by wildfires during record heat waves that scientists say are linked to global warming.

Billions of dollars in tax credits would also go to some of the country's worst-polluting industries to help their transition to greener methods -- a measure bitterly opposed by some liberal Democrats who have, however, accepted this as a least-bad alternative after months of frustration.

Biden, who came to office with promises of sweeping reforms, has seen his hopes dashed, then revived, then dashed again.

Democrats' narrow edge in the Senate has given a virtual veto to moderates like Joe Manchin of West Virginia, who earlier had used that power to block Biden's much more expansive Build Back Better plan.

But in late July, Senate Democratic leader Chuck Schumer managed to wangle a compromise with the West Virginian, whose state's economy depends heavily on coal mining.

And on Saturday, senators finally opened their debate on the text.

- 'Vote-a-rama' -

Late in the day, senators kicked off a marathon procedure known as a "vote-a-rama," in which members can propose dozens of amendments and demand a vote on each one.

That allowed both Republicans, who view Biden's plan as too costly, and liberal Democrats, who say it does not reach far enough, to make their opposition clear.

Influential progressive Senator Bernie Sanders used that platform through the evening to propose several amendments aimed at strengthening social planks in the legislation, which were considerably weakened during the months of negotiation.

The bill would provide $64 billion for health care initiatives and ensure a lowering of some drug costs -- which can be 10 times more expensive in the United States than in some other rich countries.

But progressive Democrats long ago had to give up their ambitions for free preschool and community colleges and expanded healthcare for the elderly.

"Millions of seniors will continue to have rotten teeth and lack the dentures, hearing aids or eyeglasses that they deserve," Sanders said from the Senate floor. "This bill, as currently written, does nothing to address it."

But fellow Democrats, eager to pass the legislation ahead of November midterms when control of Congress is at stake, have rejected any change in the text.

To help offset the plan's massive spending, it would reduce the US deficit through a new 15-percent minimum tax on companies with profits of $1 billion or more -- a move targeting some that now pay far less.

That measure could generate more than $258 billion in tax receipts for the government over the 10 next years, by some estimates.

cjc/bbk/wd

K.Hashimoto--JT