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Biden signs $740B Inflation Reduction Act into law

August 17, 2022
Biden signs $740B Inflation Reduction Act into law

President Joe Biden signs the Democrats’ landmark climate change and health care bill in the State Dining Room of the White House in Washington, Tuesday, Aug. 16, 2022. (AP Photo/Susan Walsh)President Joe Biden poured $740 billion on top of red hot inflation with the stroke of a pen. On Tuesday, he was met with cheers as as he signed the so-called Inflation Reduction Act into law.

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