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U.S. Senate passes $430 billion climate change, tax, drug pricing bill; sends to House

Published 08/07/2022, 03:19 PM
Updated 08/07/2022, 03:20 PM
© Reuters. A general view of the U.S. Capitol after United States Vice President Kamala Harris, voted on the Senate floor to break the 50-50 tie to proceed to the Inflation Reduction Act on Capitol Hill in Washington, D.C., U.S. August 6, 2022. REUTERS/Ken Cedeno

WASHINGTON (Reuters) - The U.S. Senate on Sunday passed landmark legislation sought by President Joe Biden that Democratic backers say will bring a major reduction in carbon emissions that cause climate change, lower drug prices for the elderly and make corporations and the wealthy pay more taxes.

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