Sen. Kyrsten Sinema (D-Ariz.) announced Thursday evening that she has reached a deal with Senate Majority Leader Charles Schumer (D-N.Y.) that could pave the way for Democrats to pass their budget reconciliation package. The deal would remove a provision closing the so-called carried interest loophole from the package announced last week by Schumer and Sen. Joe Manchin (D-W.Va.). Sinema said she and Schumer have also reached agreement on protecting manufacturing from the impact of a proposed 15 percent corporate minimum tax, which business leaders in Arizona warned would dampen economic growth. The announcement paves the way for Sinema to vote Saturday for a motion to proceed
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