Statement by President Biden on Senate Passage of the Inflation Reduction Act - The White House

Today, Senate Democrats sided with American families over special interests, voting to lower the cost of prescription drugs, health insurance, and everyday energy costs and reduce the deficit, while making the wealthiest corporations finally pay their fair share.  I ran for President promising to make government work for working families again, and that is what this…

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Climate groups react to Senate passing the Inflation Reduction Act

The U.S. senate just passed the most ambitious climate spending package on record.

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Inflation Reduction Act aims to lower costs in multiple areas of the economy

NPR's A Martinez talks to Brian Deese, director of the National Economic Council, about the Senate passing a major climate, health care and tax bill. Deese discusses what's in it and what isn't.

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The Senate passes the Inflation Reduction Act and it moves on to the House

After months of negotiations, Senate Democrats passed a major climate, health care and tax bill — a centerpiece of President Biden's agenda. Vice President Harris broke the 50-50 tie.

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POLITICO Playbook: How it really happened: The Inflation Reduction Act

And the latest on the Michigan A.G. race.

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Perspective | Why the ‘Inflation Reduction Act’ is no such thing

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Booker Statement on Senate Passage of Inflation Reduction Act | U.S. Senator Cory Booker of New Jersey

<p ><b><span >Washington, D.C. --&nbsp;</span></b><span >U.S. Senator Cory Booker (D-NJ) issued the following statement:</span></p><p ><span >“Today, Senate Democrats took&nbsp;a&nbsp;historic step forward to reduce consumer costs,&nbsp;combat climate change, and implement a fairer tax code by passing the Inflation Reduction Act&nbsp;– all while reducing the deficit.</span></p><p ><span >“With commonsense reforms that will allow Medicare to negotiate prescription drug prices and cap out-of-pocket costs, we will protect seniors from outrageous prices charged by pharmaceutical companies for lifesaving medications. This bill also provides an additional three years of Affordable Care Act subsidies which will lower health care premiums for millions of Americans. We will also make the largest-ever Congressional investment to&nbsp;address the threat of climate change, moving our country toward cleaner energy production and reducing carbon emissions by roughly 40% within the decade. All of this will occur without increasing taxes on middle and lower-income families and individuals; instead, the biggest corporations will finally pay a fairer share.</span></p><p ><span >“Importantly, the Inflation Reduction Act also invests $60 billion for environmental justice priorities, which will address legacy pollution, reduce air pollution in overburdened communities, and provide federal assistance to low-income consumers to make their homes more energy efficient. As a co-chair of the Senate Environmental Justice Caucus, I am proud to have championed these initiatives.&nbsp;I also recognize that Black and Brown communities, like&nbsp;my home city of Newark, require additional investments to equitably transition to a clean energy economy, and to ensure that clean air and clean water are not a privilege for some but a right for all. I remain committed to fighting on behalf of these underserved and disadvantaged communities.</span></p><p ><span >“This bill will reduce costs for Americans and fight inflation.&nbsp; I am proud to have voted for it, and I urge the House to pass it swiftly.”</span></p>

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Inflation Reduction Act, Blinken in Africa, Healthcare Poll : Up First

Senate Democrats pass major legislation addressing health care, taxes, and climate change. Antony Blinken is in South Africa to lay out a new strategy for US relations in the region. Results of a new poll find stark racial disparities when it comes to accessing healthcare.

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The significance of the Senate vote on the Inflation Reduction Act

Democrats’ landmark bill on climate, health care, and taxes is a major achievement.

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