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Top GOP figures blast Democrats after Senate passes $740B energy and health care bill

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Leading GOP figures eviscerated Senate Democrats for pushing through a $740 billion package that would spend on energy and health care while raising corporate taxes with the GOP chair warning midterms would be painful for President Biden’s party.
“Democrats will pay the price in November for raising taxes on families during a recession,” Republican National Committee Chair Ronna McDaniel said in a statement.
Senate Democrats narrowly approved the Inflation Reduction Act Sunday, with Vice President Kamala Harris the deciding vote in the 51-50 passage. No Republican backed the bill and quickly slammed it as it moves its way to the House, which also holds a slim Democratic majority.
The bill would put close to $400 billion into environmental initiatives while also extending expiring subsidies for 13 million people seeking affordable health insurance. It will also cap out-of-pocket drug costs for seniors on Medicare to $2,000 yearly.
Some of the $700 billion in new revenue would come from a minimum 15% corporate tax rate imposed on very wealthy corporations that have profits of more than $1 billion each year.
Senate Minority Leader Mitch McConnell, in a statement, said that Democratic policies have led to an “economic assault on the American middle class.

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