House passes bold climate and health care bill, capping a string of recent legislative victories for President Joe Biden.
The $739 billion Inflation Reduction Act will increase taxes on certain businesses and is expected to reduce the deficit by about $100 billion over the next decade.
WASHINGTON — The House on Friday passed the Inflation Reduction Act along party lines, rounding out a string of recent victories for President Joe Biden.
The House voted 220-207, with Republicans not joining Democrats in support of the bill.
It now goes to Biden, who is expected to sign the law next week after months of negotiations between moderate and progressive Democrats, who finally reached an agreement late last month.
“We are united!,” Rep. Pramila Jayapal, Chair of the Congressional Progressive Caucus, USA TODAY. “(Democrats are) all in this together. We’re all making the lives of the American people better.”
The sweeping health, climate and tax legislation passed the Senate 51-50 last week along party lines after a 15-hour session of debate, amendments and negotiations that culminated in the casting of Vice President Kamala Harris’ casting vote. .
“There are some days in a congressional career that feel really historic. To me, this is one of them,” said House Majority Whip James Clyburn, DC, on the floor ahead of the vote.