Senate passes landmark Inflation Reduction Act

ABC News published this video item, entitled “Senate passes landmark Inflation Reduction Act” – below is their description.

Vice President Kamala Harris cast the tie-breaking vote.

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About This Source - ABC News

American Broadcasting Company is an American commercial broadcast radio and television network owned by the Disney Media Networks division of The Walt Disney Company.

ABC News is primarily broadcast from the Times Square Studios in New York City.

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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.

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In This Story: Kamala Harris

 

Kamala Devi Harris is an American politician and attorney who has served as the junior United States senator from California since 2017. She is the Democratic vice presidential nominee for the 2020 election.

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In This Story: Vote

Voting is a method for a group, such as a meeting or an electorate, in order to make a collective decision or express an opinion usually following discussions, debates or election campaigns. Democracies elect holders of high office by voting. Residents of a place represented by an elected official are called “constituents”, and those constituents who cast a ballot for their chosen candidate are called “voters”. There are different systems for collecting votes, but while many of the systems used in decision-making can also be used as electoral systems, any which cater for proportional representation can only be used in elections.

In smaller organizations, voting can occur in different ways. Formally via ballot to elect others for example within a workplace, to elect members of political associations or to choose roles for others. Informally voting could occur as a spoken agreement or as a verbal gesture like a raised hand or electronically.

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