The U.S. Senate has approved a package of budget proposals for the 2022 fiscal year

The bill provides for tax breaks for producers using clean energy sources, the implementation of programs to facilitate access to higher education.

The Senate of the U.S. Congress, by 50 votes to 49, approved on Wednesday night a package of budget proposals for the 2022 fiscal year (starting on October 1) in the amount of $3.5 trillion. The Reuters news agency reports this.

The draft law, in particular, provides for tax breaks for producers using clean energy sources, the implementation of programs to facilitate access to higher education. It is planned to increase spending on health, education, and environmental protection. Members of the ruling Democratic Party voted for the adoption of the document, while Republicans voted against it.

Earlier on Tuesday, the Senate, by 69 votes to 30, approved a plan to develop the country’s infrastructure worth more than $ 1.3 trillion, agreed by the White House and a group of senators from both parties. In particular, the project allocates $ 110 billion for the construction of bridges and roads, $11 billion for transport security programs. Another $39 billion is planned to be spent on the modernization of public transport.

Both bills are of crucial importance for the administration of U.S. President Joe Biden. He actively sought their approval, taking advantage of the fact that the Democratic Party led by him has a majority in both chambers of Congress.

Now the bills will have to be considered by the House of Representatives of Congress. This process may take several months since not only Republicans but also Democrats oppose a number of their provisions. Consideration of the documents will begin no earlier than mid-September since Congress is leaving for the summer holidays.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
E-mail: Great7news@gmail.com
Ivan Maltsev

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