How the Schumer-Manchin climate bill might impact you and change U.S.
Posted on AllSides July 29th, 2022
From The Left
Emily Wright/The Washington Post
ANALYSIS
Major changes to the Affordable Care Act. The nation’s biggest-ever climate bill. The largest tax hike on corporations in decades. And dozens of lesser-known provisions that will affect millions of Americans.
If enacted, the legislation released Wednesday night in a surprise agreement between Sen. Joe Manchin III (D-W.Va.) and Senate Majority Leader Charles E. Schumer (D-N.Y.) would represent one of the most consequential pieces of economic policy in recent U.S. history — though still far smaller than the $3 trillion the Biden administration initially sought.
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