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Tipsheet

Democrat-Backed 'Inflation Reduction Act' Passes in the House, Heads to Biden's Desk

J. Scott Applewhite/AP Photo

House Democrats approved their largest ever tax, health and climate bill, sending it to President Joe Biden’s desk. 

The $740 billion legislation is said to “save the planet while keeping more money in your pockets,” according to House Speaker Nancy Pelosi (D-Calif). However several Republicans argue that it will only drive inflation up and put new burdens on Americans. 

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In a 220-to-207 vote, every single Democrat voted in support of passing the “Inflation Reduction Act,” while Republicans strongly opposed it to pass. 

The bill will supposedly give an estimate $370 billion to energy security and climate change programs, including efforts to reduce greenhouse gas emissions by about 40% of 2005 levels before the year 2030.

Democrats are flouting their success as this represents a so-called big win for Biden just as Americans were giving up hope. And just in time for the upcoming November midterm elections. 

House Minority Leader Kevin McCarthy (R-Calif) slammed the House for approving the bill, calling it a “misguided, tone-dead bill.” 

“Remember this day… When Democrats jammed through a 700-page bill that raises your taxes and doubles the size of the IRS,” McCarthy said. 

The bill, originally names the Build Back Better bill, is a smaller version of the Left’s Green New Deal they tried to pass but ultimately failed. 

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The passaging of the bill came nearly just a week after Vice President Kamala Harris casted the tie-breaking vote in the Senate. 

House Minority Whip Steve Scalise (R-La) has no kind words to say about the bill heading to Biden’s desk, describing it as the “the Inflation, Recession, and IRS Army Act.”

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