According to Tilde Lewin, Biden’s reform package will include investments in healthcare, tax increases for especially large companies and investments in renewable energy.
– That’s the big part of this package. Almost $400 billion goes to renewable energy, says Lewin.
The initiative is applauded by several environmental movements. But for the package to be passed by the Senate, some compromise was required.
– Democratic Senator Joe Manchin got through several concessions to the industry around fossil fuels. It will be a little easier to get permission to drill for oil and easier with infrastructure, for example a large gas pipeline that is believed to be built in Virginia.
Hear Tilde Lewin tell more about the reform package in the clip above.