Post by
Loony on Aug 16, 2022 12:55pm
Inflation Reduction Bill/Act Passing Today!
Today, President Biden is scheduled to return to Washington briefly to sign the Inflation Reduction Act, a sprawling bill that aims to lower prescription drug costs, address global warming, raise taxes on some billion-dollar corporations and reduce the federal deficit. A year and a half in the making, the legislation gives Democrats something else to tout heading into challenging midterm elections in November. Before Biden departed, the White House announced first lady Jill Biden has tested positive for the coronavirus.
https://www.washingtonpost.com/politics/2022/08/16/biden-inflation-act-cheney-wyoming/