Democrats Celebrate Passing Of Inflation Reduction Act

NBC News published this video item, entitled “Democrats Celebrate Passing Of Inflation Reduction Act” – below is their description.

Democrats are celebrating the passing of the Inflation Reduction Act. The bill will increase taxes on large corporations, allow medicare to negotiate prescription drugs prices and make massive climate change investments. However, Republicans are blasting what they call reckless spending. NBC News’ Kristen Welker reports on what this could mean for the midterms.

NBC News YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - NBC News

NBC News is the news division of the American broadcast television network NBC.

NBC News aired the first, regularly scheduled news program in American broadcast television history on February 21, 1940.

Recent from NBC News:

Nightly News Full Broadcast – Oct. 1

Florida Before And After Photos Capture Scope Of Hurricane Ian’s Destruction

Heroic Reporter Reunited With Woman He Saved From Flooded Car During Hurricane Ian

In This Story: Climate Change

Climate Change is the name commonly given to the notion that the Earth is undergoing a changing climate as a result of human activity, including notable leaders, scientists and naturalists including Sir David Attenborough.

Climate change includes both the global warming driven by human emissions of greenhouse gases, and the resulting large-scale shifts in weather patterns.

2 Recent Items: Climate Change

Ties, tuna and a real bridge of friendship

Nigeria’s palm oil industry shows signs of slow growth

In This Story: Democrats

“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.

It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).

2 Recent Items: Democrats

Nancy Pelosi says migrants could ‘pick the crops’ in Florida

Kellyanne Conway: Make the Democrats own the failures of the Biden administration

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

Reserve Bank walking a tightrope between inflation and housing crash | Alan Kohler | ABC News

In This Story: NBC

The National Broadcasting Company is an American English-language commercial broadcast television and radio network which is the flagship property of and owned by Comcast. The network is headquartered at 30 Rockefeller Plaza in New York City, with additional major offices near Los Angeles, and Chicago.

2 Recent Items: NBC

Nightly News Full Broadcast – Oct. 1

Florida Before And After Photos Capture Scope Of Hurricane Ian’s Destruction

In This Story: Republicans

The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.

It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).

2 Recent Items: Republicans

America’s Authoritarians: The US political divide – Part 2 | People and Power

Analysis: Why Marjorie Taylor Greene should be very happy right now

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.