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IRA passes Senate


I have to admit I didn’t see this passing this time last month:

The Senate passed legislation on Sunday that would make the most significant federal investment in history to counter climate change and lower the cost of prescription drugs, as Democrats banded together to push through major pieces of President Biden’s domestic agenda over unified Republican opposition. The measure, large elements of which appeared dead just weeks ago amid Democratic divisions, would inject nearly $400 billion into climate and energy programs. Altogether, the bill could allow the United States to cut greenhouse gas emissions about 40 percent below 2005 levels by the end of the decade.

The climate provisions alone make this historic legislation. One would have preferred more, but given the structure of the Senate and Biden’s approval ratings it’s pretty amazing they got this much.

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