Democrats Reach Deal on Tax and Climate Bill

Bloomberg Politics published this video item, entitled “Democrats Reach Deal on Tax and Climate Bill” – below is their description.

Democrats agreed on a revised version of their tax and climate bill, dropping a provision that would have narrowed a tax break for carried interest, altering a 15% minimum tax on corporations and adding a new 1% excise tax on stock buybacks. Senator Mark Warner, a Democrat from Virginia, talks about the bill, and new tensions with China on “Balance of Power.”

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About This Source - Bloomberg Politics

Bloomberg Politics produces English language political stories from around the world, from a US perspective. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.

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