اقتصاد

US Congress approves $430 billion climate and health plan

{clean_title}
Al-Anbat -

Translated by - Dana Al-Shakhanbeh

The US Congress, in a final vote on Friday, approved Joe Biden's huge climate and health plan, which represents an important political victory for the Democratic president, less than 3 months before crucial legislative elections.

The Democrats pushed their slim majority in the House of Representatives is in the process of approving this plan, which increases valued at $430 billion, after a similar vote In the Senate a few days ago.

This plan, which is supposed to put the country on the right track to achieve its goals in terms of reducing greenhouse gases, still needs Biden's signature to become law.

"Today the American people have won," Biden wrote, adding that with this plan, "families will see lower drug, healthcare, and energy costs."

For her part, House Speaker Nancy Pelosi said before the vote, "Today is a day of celebration," considering that this law will allow American families to "prosper and for our planet persevere ".

In contrast, the Republican camp considers this text to lead to unnecessary public expenditures, and former President Donald Trump, through his Truth Social, has called on all Republicans to stand against the plan.

Nevertheless, the plan is the largest US climate investment, worth $370 billion, with the goal of reducing greenhouse gas emissions by 40% by 2030.

It comes as a result of hard negotiations with the right wing of the Democratic Party.

Under this reform, an American citizen gets about $7,500 in tax credits when he buys an electric car.

And it gets 30% coverage when installing solar panels on its roof.

The project also aims to strengthen the protection of forests in the face of the intense fires that ravage the American West, and whose breeding is due to global warming.

Also, several billion dollars in tax credits will be granted to the most polluting industries to help them transition into the energy field.

The text approves investments worth 64 billion dollars in the field of health and reducing the prices of some medicines gradually.
 
جميع الحقوق محفوظة لصحيفة الأنباط © 2010 - 2021
لا مانع من الاقتباس وإعادة النشر شريطة ذكر المصدر ( الأنباط )