What’s in the Senate Democrats’ landmark ‘Inflation Reduction Act’?
With the Senate Democrats' last remaining holdout -- Arizona Sen. Kyrsten Sinema -- tentatively signing onto a $739 billion modified reconciliation deal, her party leaders are looking forward to a first procedural vote on their historic tax, climate and drug-pricing bill as early as Saturday.
The Senate is expected to eventually pass The Inflation Reduction Act of 2022 through using a fast-track budget process known as reconciliation as early as this weekend. If all Democrats stick together, they'll be able to clear the hefty legislative package by their razor-thin majority and avoid a Republican threat of a filibuster.
In a surprise move in late July, West Virginia Sen. Joe Manchin announced he had brokered a deal on a revised version of a Democrat-only spending bill with Majority Leade...