Biden signs Inflation Reduction Act, notching policy win ahead of midterms

Biden signs Inflation Reduction Act, notching policy win ahead of midterms

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The Facts Inside Our Reporter’s Notebook President Joe Biden on Tuesday, signed the Inflation Reduction Act, a $740 billion spending package with provisions for tax and climate initiatives, marking a major policy victory ahead of the November midterms.
Though West Virginia Democratic Sen. Joe Manchin and Arizona Democratic Sen. Kyrsten Sinema initially resisted supporting the package, both ultimately backed its passage after the party made adjustments to curry their favor.
"With this law, the American people won and the special interests lost," Biden said at the signing. "For a while people doubted whether any of that was going to happen,...
Source: https://justthenews.com/government/white-house/biden-signs-inflation-reduction-act-notching-policy-win-ahead-midterms?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators