The House passed Democrats’ massive spending package on Friday in a 220-207 vote.
By BRITTANY BERNSTEIN ~ National Review Online
The bill, which received support from every House Democrat, comes nearly one week after Senate Democrats passed the so-called “Inflation Reduction Act” on Sunday in a party-line vote using budget reconciliation, which allows a measure to pass with a simple majority rather than needing to meet a 60-vote threshold.
The bill now heads to President Biden’s desk for final approval.
The legislation is essentially a pared down version of President Biden’s Build Back Better package that was put to rest last year when Senator Joe Manchin (D., W.Va.) pulled his support.
The plan would allocate $369 billion for energy and climate initiatives, while another $64 billion would be used to extend expiring federal subsidies for people buying health insurance for another three years. The bill would impose new taxes to pay for it.
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