The Cut Inflation Act is the type of law Democrats have been trying to pass for years, if not decades. It could also have been so much more.
Take a look at the American Jobs Plan and the American Families Plan, two documents the Biden administration released in the early months of their administration that outline a host of ideas they hoped to achieve. These include raising taxes on the wealthy, making community colleges and preschools free, and providing paid family and medical leave.
They managed to get some of these programs in place through last year’s trillion-dollar infrastructure bill. But many more have been stripped during months of negotiations between Democratic leaders and Joe Manchin and Kirsten Sinematwo of the party’s conservative lawmakers whose votes were critical to getting one of their laws through Congress.
Whereas there have been times when it looked like negotiations would come to nothing, the Cut Inflation Act is a political achievement, even though its attempts to tackle climate change have already been criticized as insufficient, and it lacks much of what the Democrats and Biden administration promised. chuck schumer, the Senate Democratic leader, seemed to acknowledge this. In an interview last week, he pleaded with voters to elect more Democrats, promising that if they did, they would pass the rest of the programs. Joe Biden promised to voters when he took office.
Hello, readers of the American political blog. Today is a day Joe Biden anticipates perhaps since the beginning of his presidency. This afternoon he will sign off on a marquee spending plan that emerged after a year of stop-and-start negotiations, which at times seemed to come to nothing. Dubbed the Cut Inflation Act, the measure marks Washington’s strongest attempt to cut emissions and also aims to reduce prescription drug prices. The White House hopes it will mark a turning point for Biden’s beleaguered presidency and boost Democrats midterm in November.
Here’s a preview of what we can expect today:
Biden will sign the Cut Inflation Act at 3:30 p.m. ET in a ceremony at the White House.
Alaska and Wyoming hold a primary election today, where Republicans in the latter state will likely end the congresswoman’s political career for now Liz Cheneyincluding the conviction of donald trump alienated her from the GOP. In Alaska, former governor and vice-presidential candidate Sarah Pallin could return her to national politics if she wins the vacant seat in the House of Representatives.