Inflation Reduction Act: Congress Passes Historic Bill

By Stacy M. Brown NNPA Newswire Sr Natl Correspondent House members returned to the U.S. Capitol last Friday and, after some debate, passed the Inflation Reduction Act, major legislation that the Biden-Harris administration said would lower health-care costs, fight climate change, raise taxes on some large companies and reduce the deficit. President Biden signed the bill this week, keeping alive an impressive string of legislative victories Democrats hope will translate into big midterm wins. “This life-changing legislation increases the leverage of the people’s interest over the special interest,” House Speaker Nancy Pelosi declared. Last week, Senate Democrats passed the measure […]

The post Inflation Reduction Act: Congress Passes Historic Bill appeared first on Precinct Reporter Group News.

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