Quick Hits: Today’s Top StoriesWill the Inflation Reduction Act Save Biden’s Presidency? Donald Trump earned his initial victory nearly nine years later, with the passage of the Tax Cuts and Jobs Act. Given its apparent death last December, the latter deal—the Inflation Reduction (née Build Back Better) Act—has earned Biden and his party particular plaudits. Yes, I do,” the president told reporters Monday when asked about the legislation’s potential impact on the midterms. For more on the Inflation Reduction Act—particularly the health care aspects of it—be sure to check out Tuesday’s Uphill .

Source: Wall Street Journal August 10, 2022 23:51 UTC