Sinema Wants Changes to Reconciliation Bill That May Torpedo the Whole Thing
By Rick Moran Aug 04, 2022 9:30 AM ET
And then there was one.
Arizona Senator Kyrsten Sinema is the last Senate holdout and the only member standing between the Democrats and a big legislative victory that could boost their flagging hopes to stave off midterm disaster. She is playing hard to get, however, and Majority Leader Chuck Schumer is anxious to know what it’s going to take to bring her on board.
There are hundreds of billions of dollars available to combat climate change, and Sinema wants a big chunk of that for Arizona. She also has concerns about how the minimum 15% corporate tax will impact Arizona businesses. And she’s opposed to closing the carried interest loophole used largely by hedge fund managers to lower their tax rates.
Axios:
Behind the scenes: Sinema has been meeting privately, both virtually and in-person, with key stakeholders in Arizona as she continues to work through her assessment of the bill.
Sinema last week visited Flagstaff, Arizona, where she met with local officials who are still reeling from recent flooding and a wildfire that ravaged the state.
Arizona is one of the fastest-warming states in the U.S., and the state’s largest county, Maricopa County, has already hit a record for heat-related deaths this year.
“There are some who were surprised to learn Kyrsten was enthusiastic about the climate provisions last year, because they rightly consider her a centrist. But she’s a Senator from Arizona, first and foremost,” John LaBombard, Sinema’s former communications director and SVP at ROKK Solutions tells Axios.
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