Senate passes sweeping climate-focused Inflation Reduction Act
After more than a year of infighting, President Joe Biden’s climate agenda has cleared a significant hurdle. On Sunday, Senate Democrats passed the Inflation Reduction Act of 2022 in a 51-50 decision that went along party lines and saw Vice President Kamala Harris cast the tie-breaking vote, reports. If passed by the House, the 755-page bill would authorize the single largest expenditure to combat climate change in the nation’s history.
On top of EV subsidies, the $370 billion in investments set aside by the bill would incentivize the building of wind, solar and other renewable power sources. The act also calls for the creation of a $1.5 billion program that would pay companies that reduce their methane output.
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What's in the Senate Democrats' landmark 'Inflation Reduction Act'?If all Democrats stick together, they'll be able to clear the hefty legislative package by their razor-thin majority and avoid a Republican threat of a filibuster.
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WATCH LIVE: Senate begins debate on Inflation Reduction ActWATCH LIVE NOW: The Senate is poised to commence debate on the passage of the so-called Inflation Reduction Act.
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Democrats advance the Inflation Reduction Act, setting up Senate 'vote-a-rama'BREAKING: Senate Democrats passed their first procedural vote on the Inflation Reduction Act. Vice President Harris cast the tie-breaking vote.
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Senate approves to advance Inflation Reduction Act with VP Harris breaking tieThe package, a dwindled version of earlier multitrillion-dollar measures that Democrats failed to advance, has become a partisan battleground over inflation, gasoline prices and other issues that polls show are driving voters.
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By 51-50 margin, Senate votes to begin debate on Inflation Reduction ActDemocrats pushed the legislation through the evenly divided chamber, with Vice President Kamala Harris breaking the tie and overcoming unanimous Republican opposition.
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Senate opens debate on Biden-backed Inflation Reduction ActThe Inflation Reduction Act of 2022 is up for debate on the Senate floor. A final vote could come soon.
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