Senate passes Inflation Reduction Act after all-night vote series

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Senate passes Inflation Reduction Act after all-night vote series
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BREAKING: The Senate has passed the Inflation Reduction Act along party lines following hours of debate and a flurry of amendments that stretched through Saturday night and into Sunday afternoon.

Vice President Kamala Harris cast the tie-breaking 51st vote for the Democrats after a grueling vote-a-rama on the budget reconciliation measure that forewent the 60-vote threshold, securing another policy win for the Biden administration. The House, also controlled by Democrats, will reconvene from August recess on Friday to pass the legislation in the lower chamber.

The legislation was the result of a compromise approved by centrist Democratic Sens. Joe Manchin and Kyrsten Sinema , falling somewhat short of what the Biden administration wanted. The agreed-upon legislation, heading into the weekend, included $400 billion in tax credits to incentivize renewable energy, including for consumers who choose electric vehicles instead of gas-powered and for energy companies to prioritize wind and solar energy sources.

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