BREAKING: House passes the Inflation Reduction Act in party line vote. The bill now heads to Pres. Biden's desk.
Democratic members of the House of Representatives embrace and give high-fives after the Inflation Reduction Act of 2022 passed 220-207 on the House floor at the Capitol, Aug. 12, 2022.over uniform Republican opposition, sending the multibillion-dollar climate, health and tax bill to President Joe Biden’s desk to be signed into law.
President Joe Biden soon tweeted his reaction to the House passage: "Today, the American people won. Special interests lost.”“With the passage of the Inflation Reduction Act in the House, families will see lower prescription drug prices, lower health care costs, and lower energy costs," he wrote, and said he planned to sign the bill next week.
House Speaker Nancy Pelosi speaks at her weekly press conference on Capitol Hill, Aug. 12, 2022, in Washington, D.C.Despite the legislation's name, Republicans have pointed out, it will have only a negligible effect on inflation in the short term, the nonpartisan Congressional Budget Office found.At a press conference ahead of the vote, House Speaker Nancy Pelosi was questioned on whether the bill could actually tame high -- but slightly cooling -- inflation in the next months.
Over half of the House voted by-proxy, which prolonged the bill’s passage by designating a certain member to cast in-person votes on behalf of other absent lawmakers.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vulnerable House Democrat says he will support Manchin-Schumer spending bill, pointing to its likely passageVulnerable Texas Democrat Congressman Henry Cuellar anncounced that he will support the Manchin-Schumer social spending and taxation bill, alleviating Democrats' worries.
Read more »
13 tips every new parent needs to baby-proof the houseBaby-proofing can seem overwhelming, but a few simple steps can make your home much safer.
Read more »
Every Song Ranked on Megan Thee Stallion’s ‘Traumazine’ Album: Critic’s PicksThe Houston Hottie’s most vulnerable offering to date hit streaming services on Friday (Aug. 12).
Read more »
Every Board Game We Saw or Played at Gen Con 2022Gen Con, the biggest board game convention in the U.S., was back in full force this year, and our board game expert keithlaw was there to check it out. Here's every game he saw or played at Gen Con 2022.
Read more »
Every Clue Killmonger Could Return in ‘Wakanda Forever’Every clue that Killmonger might make a surprise return in ‘Black Panther 2’:
Read more »
Getting the Most From Every Patient EncounterDr Cleve Francis expounds on 10 rules to follow to ensure that you treat every patient with dignity and respect.
Read more »