Biden signs health, climate and tax bills into big wins on his national agenda

On Tuesday, President Joe Biden signed into law a huge Democratic climate, health and tax bill, less than three months before the midterm elections, and his It has made a big difference on the national agenda.

Biden, speaking in the White House State Dining Room, described the Inflation Reduction Act as "America's soul is thriving, America's future is bright, America's promise is real, it's just getting started." It's more proof of something."

"The American people won, the special interests lost," he said, before slashing at the unanimous Republicans who opposed it.

"That's the choice we face. We can defend a force that is already strong, or we can be brave and build a future where everyone fights fairly," said Biden. said Mr.

Taking advantage of some political momentum, days after the House approved the bill, Biden interrupted his summer vacation to sign it.He spent much of the last week in South Carolina. Biden arrived at the ceremony wearing a mask after spending time with First Lady Jill Biden, who tested positive forCOVID-19.

Attendance There were two key negotiators: West Virginia Democratic Senator Joe Manchin, who, after closing a deal with Senate Majority Leader Chuck, won Senate passage with his surprise consent. helped secure it. Schumer.

“I am confident this bill will stand as one of the greatest legislative feats of recent decades. It's the most audacious climate change bill ever," said Schumer, D-N.Y., speaking just before Biden. Handed one to Manchin, who put it in his pocket. Speaking to reporters outside the White House afterwards, Manchin called it "a very nice gesture." He said he knew people were "upset" when he stepped away from the plan, and that he continued secret negotiations with Mr Schumer on an inflation-cutting bill. "I didn't think we could get there, so everyone will be disappointed again." "It would have been a bipartisan effort in a different political climate," Manchin said.

Sep 6 A major legislative celebration is planned for the day.

The White House also stated: Mr. Biden will host a cabinet meeting "in the coming weeks" focused on implementing the new law, and will travel across the country to promote it.

We are planning a nationwide campaign of bills aimed at making insurance cheaper. Invest in clean energy and curb climate change. Increase taxes on the rich. and reduce the deficit.

The White House announced the “Inflation Control Act” more than 35 times.

The administration will also publish information about the law's impact online and on social media, and will host hundreds of events with members of Congress, according to the White House.

This blitzkrieg highlights other major legislative victories, as well as part of the "Building a Better America Tour."

In a memo released by the White House, Senior Counsel Anita Dunn and Deputy Chief of Staff Jen O'Malley Dillon addressed to Chief of Staff Ron Klein that the administration wanted her IRA to pass. The CHIPS Act, aimed at boosting the United States, not just propaganda. China's semiconductor industry and easing pandemic shortages, bipartisan gun control bills, and bipartisan infrastructure bills.

The White House announced on Monday the impact of the Inflation Reduction Act, ahead of Tuesday's signature.

According to the White House, the approximately 1.4 million Americans with Medicare who typically spend more than $2,000 on prescription drugs a year would be limited to that amount. increase. Overall, about 50 million Americans with Medicare Part D are covered by the cost cap.

The White House said about 3.3 million Americans using insulin through Medicare will benefit from the new $35 monthly price cap.

The White House also estimates that about 5 million to 7 million Americans could cut prescription drug costs once Medicare begins negotiating costs.

According to the White House, the Obamacare premium cut will be extended for the 13 million Americans he has insured under the program.

The White House also claims that by 2030 greenhouse gas emissions will be cut by one billion tons, thanks to the Inflation Reduction Act.

Sarah Kolinowski and Justin Gomez of ABC News contributed to this report.