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Democrats, Sinema reach deal on new taxes in Inflation Reduction Act

The Washington Post · Tony Romm · last updated

The new approach — along with other changes to the proposal known as the Inflation Reduction Act of 2022 — satisfied Sinema’s chief concerns and helped set in motion a plan to approve the bill as soon as this weekend.

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The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

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