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Biden urges Congress to pass Inflation Reduction Act of 2022

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US President Joe Biden calls on Congress to pass his Inflation Reduction Act of 2022, set to allocate $369 billion for clean energy and climate initiatives and $64 billion for state-funded healthcare, calling it the "strongest bill you can pass to lower inflation, cut the deficit, reduce healthcare costs, tackle the climate crisis and promote energy security." Biden adds that the bill "will reduce inflationary pressures on the economy" and is "the most significant legislation in history to tackle the climate crisis."

Added on the 29/07/2022 00:58:35 - Copyright : AFP EN

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