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‘Biggest step forward on climate ever': Biden signs Democrats' landmark bill

Added 08-16-22 05:09:02pm EST - “Party leaders hope approval of Inflation Reduction Act will boost their prospects in the midterm elections this November” - Theguardian.com

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Posted By TheNewsCommenter: From Theguardian.com: “‘Biggest step forward on climate ever’: Biden signs Democrats’ landmark bill”. Below is an excerpt from the article.

Party leaders hope approval of Inflation Reduction Act will boost their prospects in the midterm elections this November

Joe Biden signed Democrats’ healthcare, climate and tax package on Tuesday, putting the final seal of approval on a landmark bill that party leaders hope will boost their prospects in the midterm elections this November.

During a bill-signing ceremony at the White House, the US president celebrated the bill as a historic piece of legislation that would reduce healthcare costs for millions of Americans and help address the climate crisis.

“With this law, the American people won and the special interests lost,” Biden said. “Today offers further proof that the soul of America is vibrant, the future of America is bright and the promise of America is real and just beginning.”

The signing came four days after the House passed the bill, formally known as the Inflation Reduction Act, in a party-line vote of 220 to 207. The bill had previously passed the Senate in a party-line vote of 51 to 50, with Vice-President Kamala Harris breaking the tie in the evenly divided chamber.

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