The U.S. Senate has begun the vote to hold debate on the Inflation Reduction Act of 2022, the landmark $430 billion bill that will reduce inflation, address climate change, allow Medicare to negotiate lower prices on drugs, and ensure that corporations and wealthy Americans pay their fair share of taxes. The vote for the motion to proceed is in progress, the vote so far is 50:50 along party lines. x NEW: The Senate parliamentarian has signed off on key climate and health care provisions in the Democrats' major spending bill. Senate parliamentarian just OKed the Medicare negotiation provisions in the Inflation Reduction Act. x You’re going to want to check this out:A new analysis is showing the Inflation Reduction Act will create more than 9 million good jobs over the next decade, most significantly in clean manufacturing and American energy.

Source: ABC News August 06, 2022 23:09 UTC