Senate passes Inflation Reduction Act after all-night vote series

Sunday, August 7, 2022 | Tag Cloud Tags: , , , ,

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(Worthy News) – The Senate passed the Inflation Reduction Act along party lines following hours of debate and a flurry of amendments that stretched through Saturday night and into Sunday afternoon.

Vice President Kamala Harris cast the tiebreaking 51st vote for the Democrats after a grueling vote-a-rama on the roughly $740 billion budget reconciliation measure that forewent the 60-vote threshold, securing another policy win for the Biden administration. The House, also controlled by Democrats, will reconvene from the August recess on Friday to pass the legislation in the lower chamber.

“In President Biden’s America, the average family is either paying thousands of dollars extra per year to tread water or watching their standard of living dissolve before their eyes,” Senate Minority Leader Mitch McConnell (R-KY) said after the bill passed. “Democrats’ policies have torn down the savings, the stability, and the lifestyles that families worked and sacrificed for years to build up. The effect of this one-party government has been an economic assault on the American middle class.” [ Source: Washington Examiner (Read More…) ]

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