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The Independent UK
The Independent UK
National
Andrew Feinberg and Louise Boyle

Biden signs Inflation Reduction Act into law: ‘The American people won’

AFP via Getty Images

After nearly 18 months of ups and downs, fits and starts, and premature reports of the death of his domestic policy agenda, President Joe Biden put pen to paper and signed into law the $739bn Inflation Reduction Act, capping a summer of legislative productivity that has resusitated his presidency and left Democrats energised heading into the November midterm elections.

Mr Biden’s added his signature to the sweeping climate, health care and tax reform package shortly after returning from Kiawah Island in South Carolina, where he’d been for the last week on holiday with his wife, children and grandchildren. The hastily-arranged signing ceremony came just days after the House of Representatives approved the legislation in a party-line vote last week.

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