After 16 Hours, Senate Dems Pass Legislation To Spend More To Lower Inflation

The Inflation Reduction Act was approved by the U.S. Senate after 16 hours of voting, putting Democrats in a favorable position to enact many important party agenda items into law.

The law addresses a number of key priorities for the Biden administration, including cutting healthcare costs, combating climate change, and reducing the deficit. It has been long stalled by expenditure issues. On Saturday night, senators started voting on numerous bill modifications, and discussions continued into Sunday afternoon before the bill was ultimately passed through the budget reconciliation procedure.