Topline Senate Democrats voted Sunday to pass the landmark Inflation Reduction Act, approving the landmark $430 billion climate, tax and healthcare bill after months of negotiations that ended in a marathon series of overnight debates and amendment votes. Senate Majority Leader Chuck Schumer (D-N.Y.) speaks during a news conference after the passage of … [+] the Inflation Reduction Act on Sunday. Getty Images Key Facts All 50 Senate Democrats voted for the bill and all 50 Republicans voted against it, with Vice President Kamala Harris, as president of the Senate, casting the tie-breaking vote. The legislation will next head to the House, which is expected to return from a summer recess on Friday—House Speaker Nancy Pelosi said lawmakers will “move swiftly to send this bill to the President’s desk.” The bill was passed along party lines using the Senate’s reconciliation process, which allows certain budget-focused legislation to bypass the 60-vote filibuster rule. Before its final passage, senators spen… Click below to read the full story from Forbes
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