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Kamala Harris Cast Tie Breaking Vote To Pass MASSIVE Spending Bill To Pass Senate


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The Inflation Reduction Act has just passed after Kamala Harris voted to break the 50-50 split among party lines.

In a 51-50 vote, the Senate passed a massive spending bill that will spend over $739 billion on climate change, and healthcare and reportedly raises taxes on the wealthy.

Of that $739 billion $369 billion will goes towards climate change.

It doesn’t take a rocket scientist to find out that spending over $369 billion on climate change will cause inflation to reduce.

The Post Millennial dropped these details:

The Inflation Reduction Act passed the United States Senate on Sunday along party lines with Vice President Kamala Harris having to cast the tie breaking vote.

“On this vote the yeas are 50, the nays are 50, the Senate being equally divided, the Vice President votes in the affirmative. And the bill as amended, is passed,” Harris announced.

The Inflation Reduction Act is a $739 billion spending plan that Democrats say tackles climate change, lowers drug prices, fixes healthcare, and raises taxes on the wealthy.

A report by the Congressional Budget Office stated that the Inflation Reduction Act would not lower inflation in any meaningful way in the upcoming years, as Fox News reported.
Of its $739 billion, $369 billion goes to climate change initiatives and $64 billion in funding goes to the Affordable Care Act. Democrats claim the size of the bill’s budget will be made up by a 15 percent corporate minimum tax.
The massive spending package raises taxes for everyone except those making between $10,000 and $30,000 per year, despite Joe Biden saying he would not raise taxes on those making less than $400,000 a year.

Moody’s Analytics chief economist Mark Zandi noted that the bill would only marginally reduce the Consumer Price Index, an economic gauge on the price consumers pay for goods and services, and even that slim savings won’t be seen until the later half of the decade.

Fox News added these details:

A massive social spending and tax increase bill authored by Senate Democrats passed in a 51-50 vote Sunday, with Vice President Harris traveling to Capitol Hill to break a party-line tie.

“I am confident the inflation Reduction Act will endure is one of the defining legislative feats of the 21st century,” Senate Majority Leader Chuck Schumer, D-N.Y., said.

The vote was the culmination of efforts by Democrats to pass a bill, using the budget reconciliation process, that lasted more than a year and took on multiple names as its content changed.

Sen. Joe Manchin, D-W.Va., was a holdout on earlier, more expensive versions of the bill called “Build Back Better,” which cost more than $3 trillion. But in recent days he agreed to a new version that spent more than $400 billion and raised over $700 billion in tax revenue.

Schumer added that the high school-age pages who worked the all-nighter session will “tell your grandchildren you were here” for “this historic endeavor.”



 

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