U.S. President Joe Biden signed into law a big climate change and health care spending bill that gives Democrats a boost ahead of midterm elections in which Republicans are less certain of their predicted crushing victory.
The Inflation Reduction Act, described by the White House as the biggest commitment to mitigating climate change in U.S. history, as well as targeting long sought changes in the way medicines are priced, and adding fairness to the tax system, with a minimum 15% tax for corporations, was touted by the White House as the biggest commitment to mitigating climate change in U.S. history.
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