Biden signed a historic climate, health care and tax bill that has lingered on his agenda for over a year. It invests roughly $300 billion in climate and energy initiatives, limits prescription drug prices and puts a new minimum tax on big corporations.
, saying his administration is in “a season of substance” after the legislation lingered on his domestic agenda for more than a year.
Biden also showed flashes of defiance, castigating the “critics” he said doubted Democrats’ ability to pass such landmark legislation after repeated setbacks. And he argued the sweeping reforms represented the latest evidence for keeping his party in power come November. Sen. Joe Manchin , whose surprise announcement of support in late July clinched the bill’s passage, attended the signing, at one point receiving a standing ovation.Manchin later told reporters he was less sure about Democrats’ ability to pass a major climate bill across months of on-and-off negotiations. But he said concerns about the country’s energy independence kept bringing him back to the table.The package aims to make sweeping changes to major parts of the U.S.
Negotiations over a larger $2 trillion spending package dubbed the Build Back Better Act fell apart in dramatic fashion last year after Manchin publicly rejected the bill, setting off a war of words between the centrist Democrat and White House officials.
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