In a few days it will arrive for Biden's signature.
On Friday, the House of Representatives voted to adopt the Democrats' bill on health care, energy and climate in the amount of 750 billion dollars, according to CNN.
The final vote recorded 220 to 207 votes. Four Republicans did not vote.
Now that the Democratic-controlled House of Representatives has approved the bill, it will be sent to Biden for his signature.
The president has already welcomed the adoption of the law and thanked the Democrats.
The choice we face as Americans is whether to protect the already-powerful or find the courage to build a future where everybody has a shot.
Today, I proudly watched as House Democrats chose families over special interests. pic.twitter.com/CerexPSPn5
— President Biden (@POTUS) August 12, 2022
The bill's final passage marks a milestone for Democrats and gives the party a chance to achieve long-awaited policy goals ahead of the upcoming midterm elections. It comes at a critical time when Democrats are fighting to retain control of a fragile majority in Congress.
The sweeping bill, called the “Lower Inflation Act,” would be the largest climate investment in U.S. history and would bring significant changes to health care policy. 'me.
Its action will raise more than $700 billion in government revenue over 10 years and spend more than $430 billion to reduce carbon dioxide emissions and expand subsidies for health insurance.
In particular, the bill provides Americans with a tax credit of up to $7,500 for buyers of an electric car, as well as a 30% discount for the installation of solar panels.
It is also planned to allocate millions of dollars to help protect and preserve forests, which have been increasingly affected by forest fires in recent years, and to issue soft loans to some from the most environmentally polluting enterprises to help them switch to more ecological production.
In addition, the document provides for reducing the federal budget deficit.
All these measures, according to the government's plan, will reduce inflation in the country.
The House passed the law after it passed the Senate after a 27-hour marathon of votes on amendments.
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In the Senate, the bill was passed by a vote of 51 to 50, with Vice President Kamala Harris having the deciding vote.
