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'Historical Moment!' Joe Biden Signs $430 Billion Climate Change Bill As Republicans Issue Warnings

The bill aims to reduce greenhouse gas emissions in the country, lower prescription drug prices, and accelerate inflation. At a White House event celebrating the signing of the bill, the 46th President of the United States joined Democratic leaders who gained critical support in passing inflation-reducing legislation.

West's Virginia Senator Joe Manchin, often called the Senate's most conservative Democrat, has previously thwarted environmental measures proposed by the Biden administration. I was.

After the 2020 election, the Senate will be split between Democrats and Republicans 50:50 for him, and Mr. Manchin's vote will be essential for the Biden administration to pass the bill. He has a great influence on Mr.

However, Biden said of Manchin:

The president then handed over the pen Manchin used to sign the bill.

Mr. Manchin called the law a "balanced bill."

In his signature, Mr. Biden took the opportunity to criticize Republicans for opposing the legislation.

He said: "At this historic moment, the Democrats side with the American people, and every Republican side with the special interests.

All Republicans voted against the bill.” 

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Democrats say the bill is much needed ahead of a series of difficult congressional elections in November.

The bill would allow Medicare, the federal health insurance program, to negotiate lower drug prices.

It will also ensure that corporations and the wealthy pay the taxes they owe. 

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Assessors agree, but they also take years to come out claims.

Senate Majority Leader Chuck Schumer was also present at the signing of the bill.

Schumer claimed he negotiated the bill knowing when Biden would get involved and when he would withdraw.

He said: "When did he intervene?"

"He knew when to use the bullying pulpit and when to keep people out of the spotlight.

``He kept us from losing interest in the climate.''

Senate Republican leader Mitch McConnell passed the bill, claiming it would exacerbate inflation. criticized.

He said: "The Democrats robbed Americans last year by spending the economy on record inflation.

"Today, the partisan bill signed by President Biden , higher taxes, higher energy rates, and aggressive IRS audits.”