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You are here News Congress U.S. Senate passes major $430 billion bill to fight climate change, cut drug costs

U.S. Senate passes major $430 billion bill to fight climate change, cut drug costs

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Sen SchumerrThe U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe Biden that Democrats hope will aid their chances of keeping control of Congress in this year's elections.

After a marathon, 27-hour weekend session of debate and Republican efforts to derail the package, the Senate approved the legislation known as the "Inflation Reduction Act," by a 51-50 party line vote, with Vice President Kamala Harris casting the tie-breaking ballot.

The action sends the measure to the House of Representatives for a vote expected Friday that could forward it, in turn, to the White House for Biden's signature.

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