From Daily Wire

The Big Fold: Kyrsten Sinema Gives In, Agrees to Democrat Tax Increases and Climate Spending

President Joe Biden’s spending agenda climbed another hurdle and now appears to have enough votes to pass the Senate after Sen. Kyrsten Sinema (D-AZ) agreed to the package Thursday.

The bill, titled the “Inflation Reduction Act,” resurrected parts of Biden’s massive “Build Back Better” agenda after Sen. Joe Manchin (D-WV) agreed with Senate Majority Leader Chuck Schumer (D-NY) on the package last week. Sinema was the last Democrat to hold out on the bill due to its carried tax increase provision before an agreement was made Thursday to remove the provision.

“We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate’s budget reconciliation legislation,” Sinema said, according to Fox News. “Subject to the Parliamentarian’s review, I’ll move forward.”

Schumer said he plans on moving forward with the reconciliation bill on Saturday. Democrats will use the budget reconciliation process to bypass the Senate filibuster and advance the bill along party lines, potentially giving the party a much-needed legislative victory before a midterm election where Democrats are expected to face a “red wave.”