February 2, 2023

Rocky Daily News

Colorado Politics-Sports-Business-Weather

‘Inflation Reduction Act’ clears initial Senate hurdle

1 min read


“I think it’s gonna pass,” Biden told reporters as he left the White House early Sunday.

WASHINGTON — Democrats drove their election-year economic package toward Senate approval early Sunday, debating a measure with less ambition than President Joe Biden’s original domestic vision but that touches deep-rooted party dreams of slowing global warming, moderating pharmaceutical costs and taxing immense corporations.

Debate began Saturday and by early Sunday morning, Democrats had swatted down over a dozen Republican amendments designed to torpedo the legislation or create campaign ads attacking Democratic senators. Despite unanimous GOP opposition, Democratic unity in the 50-50 chamber —…

2022-08-07 06:57:55

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