Biden Signs “Inflation Reduction Act”
President Joe Biden on Tuesday signed the Democrat-backed “Inflation Reduction Act” into law amid decades-high inflation.In a signing ceremony at the White House Tuesday, Biden asserted the bill will be one of the “most significant laws in our history” and claimed that the bill was a win for “democracy,” though it was not supported by any Republicans in either the House or Senate. To applause, Biden also said that people who …