The US Senate on Sunday passed a sweeping $622 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes.
Senate Majority Leader Chuck Schumer said the legislation contains "the boldest clean energy package in American history" to fight climate change while reducing consumer costs for energy and some medicines.
"The Senate is making history," an elated Senate Majority Leader Chuck Schumer said, after pumping his fists in the air as Democrats cheered and their staff members responded to the vote with a standing ovation. Democrats have drawn harsh attacks from Republicans over the legislation's $622 billion in new spending and roughly $1.07 trillion in new revenue.
Because the measure pays for itself and reduces the federal deficit over time, Democrats contend that it will help bring down inflation, an economic liability that has also weighed on their hopes of retaining legislative control in the run-up to the 2024 presidential election. Senate Majority Leader Chuck Schumer arrives for a news conference on the passage of the Inflation Reduction Act at the US Capitol on Sunday, 7 August, 2022 in Washington, DC.After several hours of debate, the Senate began a rapid-fire "vote-a-rama" on Democratic and Republican amendments on Saturday evening that stretched into Sunday afternoon.
Independent Senator Bernie Sanders, who caucuses with Democrats, offered a number of amendments to expand Medicare, create a civilian conservation corps and reduce child poverty, only to be defeated by lawmakers from both parties.
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