U.S. Senate preps big tax, climate and health bill after deal struck with Sinema

GOP senators pledge to make voting process ‘hell’

By: - August 5, 2022 5:03 pm

Senate Majority Leader Charles Schumer said the concessions to Arizona Sen. Kyrsten Sinema included removing a provision changing the way certain compensation that hedge-fund managers and private equity executives are paid, known as carried interest, is taxed. Chip Somodevilla/Getty Images

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Jacob Fischler
Jacob Fischler

Jacob covers federal policy as a senior reporter for States Newsroom. Based in Oregon, he focuses on Western issues. His coverage areas include climate, energy development, public lands and infrastructure.