The White House And Democrats Celebrating After The House Passed The Inflation Reduction Act On Friday

This morning, President Biden and congressional Democrats capping off a week of wins with the passage of the Inflation Reduction Act. It's a victory over a year in the making that seemed impossible just weeks ago. The core piece of the president's legislative agenda boasting the largest ev...

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Bibliographic Details
Published inToday
Main Authors Fryer, Joe, Raffa, Allie
Format Transcript
LanguageEnglish
Published New York CQ Roll Call 13.08.2022
Subjects
Biden, Joseph R Jr
Inflation Reduction Act 2022-US
Presidents
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Summary:This morning, President Biden and congressional Democrats capping off a week of wins with the passage of the Inflation Reduction Act. It's a victory over a year in the making that seemed impossible just weeks ago. The core piece of the president's legislative agenda boasting the largest ever investment in tackling climate change, tax increases on large corporations, an extension of Obamacare subsidies, and Medicare's negotiating power on drug prices.
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