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how megasoft limited (532408) stock is performing today ✌️【Part-Time】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. The passage of theInflation Reduction Actmay have been a win for Democrats and President Biden on climate, the US economy and prescription drugs, but for women it falls short of its potential on key policies.
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“We’re not going to let one man tell all the women in this country that they can’t have paid leave,” said Sen. Patty Murray (D-WA) after negotiations with Sen. Joe Manchin (D-WV) seemed to eliminate the provision from the Build Back Better Act in 2021.
Despite polling from January 2022 that showedmore than halfof Americans believe universal pre-K and paid family leave would help the country, these provisions keep facing the combined headwinds of a 50-50 Senate and the economic impact of the Covid pandemic.
Congress managed to include a form of paid family leave in theCARES Act, the first legislative response to the Covid-19 pandemic. But with the Senate narrowly led by Republicans at the time, a lack of GOP willingness to renew these benefits meant paid family leaveexpiredat the end of 2020.
In the current evenly divided Senate, the lack of Republicans willing to vote for any bill advancing the Democratic social agenda meansgathering 60 votes to overcome a filibusterhas become a near impossible task for Democrats. And legislation that can be passed by simple majority through a process known as budget reconciliation still requires all 50 Senate Democrats to agree on a bill.
Ultimately, any bill including universal pre-K, paid family leave and/or an expanded child tax credit needs to win over the moderate senators Joe Manchin and Kyrsten Sinema (D-AZ).
In April 2021, a month after Congress passeda second Covid relief billthat failed to revive paid leave but included an expanded child tax credit, President Joe Biden proposed a bill includingall three provisionsthat eventually became known as Build Back Better.
By October, Democratsremoved paid family leaveand diluted the expanded child tax credit from four years to one in order to meet Manchin’s $1.5 trillion target.
how megasoft limited (532408) stock is performing today ✌️【Part-Time】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. Nancy Pelosi added paid leave back into the version of the bill thatpassed the Housein November. But after heading to the Senate, negotiations with Manchin resulted in both paid leaveand the child tax creditbeing taken out.
In December, the West Virginia senator abruptlypulled out of Build Back Betteraltogether, which effectively doomed universal pre-K as well.
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During the December 2021 negotiations, Manchinexpressed his concernover BBB’s potential impact on inflation, which has soared to rates not seen in 40 years. After the bill’s collapse, the senator and Senate Majority Leader Chuck Schumer (D-NY) continued negotiating for several months on a revised package. What emerged in July was theInflation Reduction Act, which contained provisions fighting climate change and lowering health care costs, but was framed entirely around bringing down inflation, although economists disagree on the extent of the bill’s impact on inflation.
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In a 【 - Free Discussion Group 】 poll from January and February, 8% of respondents said “expanding access to affordable child care” was the most important problem for the government to address. By comparison, only 1% said “coronavirus.”
In a July poll, after five months of soaring prices, the Russian invasion of Ukraine and multiple mass shootings, 38% of Americans cited inflation and fewer than 1% said the cost of child care when asked the biggest economic problem facing families.
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