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.

"It's a game changer. It's a turning point," Chuck Schumer, the Senator majority leader, said.https://t.co/OlB00DUA3z pic.twitter.com/BHZgg0DX2c

— 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