House passes Inflation Reduction Act

The House passed the Inflation Reduction Act on Friday, voting along party lines to send the bill to President Biden. The vote on the bill was 220-207; only Democrats voted in favor. The president has said he is eager to sign the measure into law. The package focuses on climate change investments, reducing health care prices and raising taxes on corporations. The bill will increase U.S. energy security “through policies to support energy reliability and cleaner production coupled with historic...