US President Joe Biden has signed a 740-billion-dollar climate, health and tax bill into law.
Biden said the Inflation Reduction Act addresses climate change and reduces deficits by having the wealthy pay more taxes.
Though less than Biden originally wanted, the legislation brings the most significant investment to fight climate change in United States history.
It is a key legislative victory for the Democrats, but Republicans have criticized the bill.
Al Jazeera's @Rosalind Jordon reports from Washington, DC, the US.
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Biden said the Inflation Reduction Act addresses climate change and reduces deficits by having the wealthy pay more taxes.
Though less than Biden originally wanted, the legislation brings the most significant investment to fight climate change in United States history.
It is a key legislative victory for the Democrats, but Republicans have criticized the bill.
Al Jazeera's @Rosalind Jordon reports from Washington, DC, the US.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
@AljazeeraEnglish
#Aljazeeraenglish
#News
#UnitedStates
#JoeBiden
#InflationReductionAct
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