The Inflation Reduction Act was passed in the Senate after Vice President Kamala Harris cast the tie-breaking vote.
RELATED: Rising inflation impacts the stock market and more. Here’s how.
The Senate passed the Inflation Reduction Act, which includes record spending on clean energy initiatives, measures to reduce prescription drug prices and a tax overhaul to ensure large corporations pay income taxes. Every Democrat voted in support and every Republican against the measure.
It heads to a vote in the Democratic-controlled House, where it’s likely to pass as early as Friday. Senate Majority Leader Chuck Schumer, D-N.Y., called the bill a “defining legislative feat of the 21st century” and “the boldest climate package in U.S. history” on the Senate floor before the final vote. “To those of you who have lost faith that Congress can do big things, this bill is for you,” he said.
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Wait 50/50 and then the vice president gets the decide which one she wants to go for that's some bullshit
I thought inflation wasn't happening the last 20 months?
Thats wat Jen psaki and the rest of my gvt overlords told me
Nice job fascist joe, raise taxes during Biden recession. I guess someone has to pay for all the illegals, housing, food, transportation, their COVID, their Biden pox, Joe's polio, etc plus what is up with trading an arms dealer for a pot smoking basketball player that hates America? 80,000 IRS agents? Taking more money from citizens? Get blu out
Europe is restarting it's coal plants. How many Teslas can you charge from a Coal plant? China is not interested in our Climate agenda. how is the US government spending money on Green energy do anything for the climate? (Globally)
Everyone making over 30k got a tax increase…in a recession. We will be at 15% inflation soon
Bill targeting the American people.
USA Today is now just a cheering squad for the Democrats. This bill is a farce.
what drugs did that attack not the one jews making juicy profits off of
I think it's important to notice how legislation is discussed. People who are opposed to this are just saying random things like "There goes inflation." or "It's not going to work". Except it will. For example, if you are a senior, you pay no more than $2,000 for drugs each year. Explain how that's bad. Republicans blocked a limit on how much can be charged for insulin, which some people can't live without. It's currently averaging $100 a month in this country. It averages less than $20 a month in our neighbors Canada and Mexico, and even lower in most of Europe. How is that good?
Let me guess… taxes!!
Because of the Republicans not letting the 35.00 cap on insulin people's lives are still at risk if they can not get their insulin. Those deaths will be on those that struck this down. 😪
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future!
Bill targeting working Americans savings on everyone making 400k passed. Fixed that for you
According to analysis by the Congressional Joint Committee on Taxation, nearly all Americans would see increased taxes by 2023.
The average tax rates would increase in nearly all income categories, according to its analysis, including lower income individuals such as those earning less than $10,000.
Democraps are the demise of America.
Jesus loves you and he is coming back soon so repent and spread the word of God to the people
Spread the gospel jesus DIED for us so repent and spread the word of God also read and obey his word
As a life long VOTING Democrat. Congratulations on the BILL! NOW when can I expect my FREE SOLAR PANELS and BATTERIES.Will I get them before MIDTERMS? Will the installation be COMPLETELY FREE or what? I know as Americans we have to pay a little more since our friends in China need to make money because of all the homeless they have. I hope you don't give my solar panels and batteries to someone else. Cut all that REBATE stuff, just tell me where to PU my Panels.
87k new IRS agents 😆
This Should Finalize The Final Destruction Of The American Middle Class And Manufactures.
51 to 50. Now that's a voterama
Lmfao how to get out of inflation and debt. Spend more money! Lmfao I'm try that and see how it works.
Every time is a good time to invest! Investment is not a game of chance or luck like the lottery, rather it involves critical reasoning, planning, and diligence and focuses on achieving the major goal (PROFIT). Notwithstanding, one should put into consideration that various externalities may occur during the investment period which could result in a high yield in profit or loss.