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The Senate passes the Inflation Reduction Act

Senate Majority Leader Chuck Schumer (D-NY) gives the thumbs up as he leaves the Senate Chamber after passage of the Inflation Reduction Act at the U.S. Capitol in Washington, DC.
Senate Majority Leader Chuck Schumer (D-NY) gives the thumbs up as he leaves the Senate Chamber after passage of the Inflation Reduction Act at the U.S. Capitol in Washington, DC.

It took a marathon overnight voting session. Some compromises. And the casting vote of the vice president. But the Senate passed President Joe Biden’s flagship economic package. 

And hands the president a major political victory months before the midterms.

Senate Majority Leader Chuck Schumer called the Inflation Reduction Act one of the defining legislative feats of the twenty-first century.

The House is expected to vote and pass the bill on Friday.

We talk to Virginia Sen. Tim Kaine about the ins and the outs of the bill.

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