5 things to know Monday – Michmutters
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5 things to know Monday

Senate passes sweeping bill lowering drug prices, promoting clean energy

Senate Democrats approved sweeping legislation on health care, climate and taxes along a party-line vote Sunday, delivering a major win for President Joe Biden and his agenda before the midterm elections. The Senate passed the Inflation Reduction Act, which includes record spending on clean energy initiatives, measures to reduce prescription drug prices and a tax overhaul to ensure large corporations pay income taxes. Every Democrat voted in support and every Republican against the measure. It heads to a vote in the Democratic-controlled House, where it’s likely to pass as early as Friday.

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