Currently — August 8th, 2022
What you need to know, currently.
The Senate passed the Democrats’ climate, health care and tax package Sunday.
The “vote-a-rama” started Saturday night and ended this afternoon. The final vote was 51-50 with Vice President Kamala Harris breaking the tie.
The bill, which is called the Inflation Reduction Act, plans to invest $369 billion into energy and climate change programs, with the goal of reducing carbon emissions by 40% by 2030. This is the largest climate investment in US history.
The bill also includes a plan to lower prescription drug costs, extend the Affordable Care Act program for three years and make the tax code more equitable.
The House is expected to consider it Friday.