Senate Passed Inflation Reduction Act On Medicare, Tax On Companies & Climate Change
Written by Tariq on August 8, 2022
Over the weekend, The Senate passed the Inflation Reduction Act, a democratic-led package. The bill includes close to $400 billion, allows Medicare to negotiate the prices of some prescription drugs, establishes a 15% corporate minimum tax on companies worth $1 billion and fight climate change. The vote came after a marathon session that lasted through the night and into this afternoon, and comes ahead of congress’ month-long recess. The bill now heads to the house where it is expected to pass. Click Here To Read More.
Source: WHEC-TV
