The Damage Report
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Biden Steals The Show With Shocking Triumph
Posted
August 17, 2022
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14,501
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August 17, 2022
14,501
1,023
225
8.61%
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4:07Now PlayingPresident Biden signs to power the Inflation Reduction Act, a debated bill but a victory for Democrats taking any action at all. Jessica Burbank breaks it down on The Damage Report.
Read more here:
Biden signs inflation act, hands pen to Manchin
"WASHINGTON, Aug 16 (Reuters) - President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in U.S. history, designed to cut domestic greenhouse gas emissions as well as lower prescription drug prices and high inflation.
At a White House event, Biden was joined by Democratic leaders including Senator Joe Manchin of West Virginia, whose support was crucial to passage of the Inflation Reduction Act along party lines, after he blockaded much larger measures pushed by the White House.
"Joe, we never had a doubt," Biden said of Manchin. Biden later handed Manchin the pen he used to sign the legislation.
Manchin called the legislation a "balanced bill"."
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