What’s in the landmark US climate and tax bill

What’s in the landmark US climate and tax bill
Gaining support from West Virginia Democrat senator Joe Manchin was crucial to passing the package (Image: Getty)
Bloomberg
(Bloomberg) -- The US Senate has passed the Democrats’ landmark tax, climate and health-care bill, setting up the legislation for House approval and president Joe Biden’s signature.After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit, paid for by new corporate taxes.The legislation is far from the roughly US$4 trillion (NZ$6.4t) to reshape the American economy that Biden first envisioned when taking office, but the...

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