Biden To Sign Massive Climate And Health Care Legislation

The video discusses the Inflation Reduction Act, a significant achievement during Biden's tenure. The Act aims to generate $739 billion in revenue, primarily through increased taxes on large corporations. It allocates $64 billion to extend the Affordable Care Act and $369 billion to combat climate change, marking the largest federal investment in this area. Analysts predict the Act will reduce the deficit by $300 billion.

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