Democrats Desperately Hoping Kyrsten Sinema Won’t Tank Their Agenda

by | Aug 2, 2022 | Politics

WASHINGTON ― Having finally convinced red-state Sen. Joe Manchin to support a historic climate and energy bill, Democrats are now waiting to hear from the other thorn in the their side: Kyrsten Sinema.The moderate Arizona Democrat is keeping everyone in suspense on whether she will vote for the Inflation Reduction Act and bolster her party’s chances in the November midterm elections. That includes Manchin, who largely wrote the bill himself in secret talks with Senate Majority Leader Chuck Schumer (D-N.Y.).AdvertisementManchin spoke with Sinema on the Senate floor on Tuesday, gesturing frequently with his hands as she listened stoically. He declined to dish on the exchange afterward. “We had a nice talk,” he told reporters.“She’s contributed so much — a lot in this piece of legislation,” Manchin said earlier Tuesday in an interview with MSNBC.“This is everything Kyrsten agreed to in December ― she signed off on the bill in December,” the West Virginia Democrat added in a separate interview with radio host Hoppy Kercheval.“We’re doing more than praying, you know,” said Sen. Chris Murphy (D-Conn). “Obviously we’re going to make the case to her this is good for the country and good for Arizona. So, I think we’ll be able to get there.”AdvertisementThe new bill omitted a large swath of tax proposals that Democrats had previously sought to enact, including higher corporate and individual tax rates and higher taxes on capital gains — proposals that Manchin supported but Sinema did not.However, it includes one tax proposal that Sinema may oppose: closing the so-called carried interest loophole that gives wealthy investment fund managers lower tax rates on their earnings than regular workers pay on their wages. Democrats have shaken their fists at the loophole for decades, but never done anything about it.Business groups and private equity firms are lobbying Sinema to kill the provision, according to Bloomberg.Several Democrats told HuffPost they didn’t hear from Sinema during their weekly caucus lunch, which was virtual in light of recent COVID-19 cases.Sinema’s office did not respond to an inquiry about her stance on the bill this week.Asked Tuesday if he has heard from co …

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