The U.S. Senate just passed The Inflation Reduction Act on Sunday – a landmark win for U.S. President Joe Biden, but it was an uphill battle to get all Democratic Senators on board.
The 430-billion-dollar bill will tackle climate change, lower drug costs for Americans and impose a 15 percent minimum tax on corporations earning profits of more a billion dollars a year. Meanwhile, former President Donald Trump is teasing another possible presidential bid. What does this mean for the upcoming midterm elections? And will we see a Biden-Trump rematch in 2024?
Joining the discussion:
- Spencer Critchley is a Democratic Strategist and Author of “Patriots of Two Nations.”
- Rina Shah is a Political Analyst and Current Affairs Commentator.
- Bruce Fein is a Constitutional Lawyer.
- Melik Abdul is a Republican strategist.
US Senate Democracts approve Biden’s ‘Inflation Reduction Plan’ https://t.co/lY7hMVLCXV
— Al Jazeera English (@AJEnglish) August 7, 2022
The Senate passed the Inflation Reduction Act to fight climate change, cut drug costs and raise taxes, in a major win for President Biden and the Democrats.
— The New York Times (@nytimes) August 8, 2022
CPAC proves Trump will lead conservative movement until he ‘takes his last breath,’ Matt Schlapp says https://t.co/0pTqSXOUYi
— Fox News (@FoxNews) August 8, 2022