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United States President Joe Biden unveiled the Inflation Reduction Act on Tuesday, a key initiative to provide additional funds to fight inflation. changing of the climateincreases taxes on companies and expands health insurance.
For Democrats, the rule is a milestone in a divisive legislature. “One of the most important laws in our history,” defended Biden, who interrupted his vacation and donned a mask due to his wife’s positive response to the coronavirus. COVID-19.
The satisfaction of the ruling party became tangible in action in White House, interrupted by applause several times. The initiative was implemented despite the categorical refusal of the Republican opposition both in the House of Representatives and in Parliament. Senate.
Biden stressed that “every single Republican” said “no” to the law, which, in his own words, creates a “historic moment” for USA
“With this law, the American people win and special interests lose,” said Biden, who clarified that he does not intend to “destroy” but “build.”
“Today is further proof that America’s soul is alive and the future is bright,” the president added in his speech.
Democrats Expect Bigger Sept. 6 Celebrations and White House He already expected Biden to make several trips in the coming weeks to try to explain to the public the importance of the new law with an eye on the November midterms.
The Inflation Reduction Act is not as ambitious as Biden originally dreamed of, but it is expected to help raise more than $700 billion, laying the foundation for about $400 billion in clean energy and healthcare spending.
Joe Biden advocates for Sweden and Finland to join NATO
President of the United States Joe Bidensigned a document a few days ago confirming that Congress The US is in favor of Sweden and Finland joining the Atlantic Alliance.
Accompanying Biden at the event were the Swedish and Finnish ambassadors to Washington, Karin Olofsdotter and Mikko Hautala, respectively, as well as other senior officials such as Vice President Kamala Harris or House Speaker Nancy. Pelosi.
The letter, compiled by the White House, emphasizes that the possible accession of both countries to a military alliance “does not detract from the ability USA to meet or finance their military needs outside the North Atlantic.”
(According to Europa Press and AFP)
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.