Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate


joe biden 3 worthy ministries(Worthy News) – After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced version of the $1.75 trillion Build Back Better plan he was pushing for last year.

The president signed the newly renamed Inflation Reduction Act into law flanked by Senate Majority Leader Chuck Schumer, D-N.Y.; Sen. Joe Manchin, D-W. Va.; and Reps. Jim Clyburn, D-S.C. and Kathy Castor, D-Fl.

“With this law, the American people won and the special interests lost,” Biden said in remarks before he signed the bill. [ Source” CNBC (Read More…) ]

18
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X
Join the Truth Social discussion

Latest Worthy News

Hilton Poised for November Ballot as California Vote Count Draws GOP Scrutiny
U.S. Exports Reach Record High as Trade Deficit Narrows in April
IDF Chief Warns Iran: Israel Ready To Deliver ‘Severe And Deep’ Strike If Attacked Again
U.S. Strikes Iranian Air Defenses After Apache Downed Near Strait of Hormuz
New Tariffs Could Raise Nearly $1 Trillion Over A Decade
House Advances $72 Billion ICE, Border Patrol Funding Bill by One Vote
Trump Vows U.S. Response After Iran Accused of Downing Apache Near Strait of Hormuz
Russian Strike Kills Three In Ukraine; Nuclear Fuel Facility Damaged Near Chernobyl
Hungary Watchdog Chief Says Corruption May Have Cost Country $194 Billion (Worthy News Investigation)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News