Largest-ever climate change bill headed to Biden's desk
Democrats have succeeded in sending the largest-ever bill aimed at countering climate change to President Joe Biden’s desk for signature.
The Inflation Reduction Act bill will pour roughly $370 billion into energy security and climate change programs over the next decade, including efforts aimed at slashing greenhouse gas emissions by roughly 40% of 2005 levels before the year 2030.
Its passage cements a major legislative victory for Democrats, who have fought to push through climate legislation for more than a decade — and lawmakers from all corners of the party have praised the bill.