to negotiate drug costs, finally facing up to the outsize influence of the pharmaceutical lobby in setting the prices of prescription medicines.
The revenue raised from these measures will contribute to what is arguably the most important victory of all: a historic investment in combatting climate change. Not only will it be a feather in the cap of the Biden presidency, but it will also mark the most significant action the U.S. has ever taken in that area.
After a lengthy vote-a-rama in the Senate that spanned an entire weekend, the bill’s journey through the House was significantly smoother; it passed on Friday following the August recess. From there, it only took the bill reaching the president’s desk—and Biden returning briefly from his vacation in South Carolina to sign it—to see the Inflation Reduction Act codified.
“With this law, the American people won, and the special interests lost,” Biden said today, also describing it as “the biggest step forward on climate ever.”
Total joke.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation Reduction Act: Biden signs massive climate and health care billPresident Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change. Dems have spent $3.8Trillion since Inauguration Day. Inflation bill to fight climate change? 🤔 maybe it should fight INFLATION In other words, Biden makes yet another asinine move to increase our taxes
Source: FOX29philly - 🏆 570. / 51 Read more »
Inflation Reduction Act: Biden to sign massive climate and health care billPresident Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change. FOX13 Run for the Hills!!!! 72 billion from seniors 401k. brilliant 🤓 So not inflation fixing ? We were lied to by the title of the bill? How dare our senators pull a bait and switch.
Source: fox13seattle - 🏆 328. / 59 Read more »
Joe Biden to Sign Massive Legislation on Climate Change and Health CarePresident Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters before midterm elections. Don’t think it’s working
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
Biden to sign massive climate and health care legislationPresident Joe Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda. Good luck in life What happened to the Inflatiioon Reduction Act? Did your DNC email tell you to change the name? Promises made, promises kept! And no drama! It’s so nice to have adults in charge again
Source: denverpost - 🏆 13. / 72 Read more »
Scientists welcome ‘enormous’ US climate bill — but call for stronger actionBiden signs historic legislation to pour billions into fighting climate change as the global temperature continues to rise. One of the reasons people hate scientists: Even when they have a *massive* win, they can't help themselves - they have to criticize you. And the criticism is in the headline. Why would anybody do this again?
Source: Nature - 🏆 64. / 68 Read more »