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Post Politics Now House passes Inflation Reduction Act in major win for Biden

WASHINGTON, UNITED STATES - AUG 12: House Speaker Nancy Pelosi holds a bill enrollment ceremony for the Inflation Reduction Act at the U.S. Capitol in Washington, D.C., on Friday Aug. 12, 2022. (Sarah Silbiger for The Washington Post)

Today, the House on Friday passed the Inflation Reduction Act, a sweeping package that aims to lower health-care costs, combat climate change, raise taxes on some large companies and reduce the deficit. The legislation heads to President Biden for his signature, handing the president the latest in a summer string of legislative victories.

Meanwhile, drama continues to play out over the FBI search this week of former president Donald Trump’s Florida residence. The FBI search found four sets of top-secret documents, and seven other sets of less-secret but still classified information, according to a list of items seized in the high-profile raid and unsealed by a federal magistrate judge on Friday. The warrant showed that Trump is under investigation for possible crimes associated with violations of the Espionage Act,

Your daily dashboard

  • 9 a.m. Eastern time: The House convenes to debate and later vote on the Inflation Reduction Act. Watch live here.
  • 9:30 a.m. Eastern: Rep. Michael R. Turner (Ohio), the ranking Republican member of the House Intelligence Committee, held a news conference on the FBI’s search of Trump’s Florida residence. Watch here.
  • 10 a.m. Eastern: The Congressional Progressive Caucus held a news conference on the Inflation Reduction Act. Watch here.
  • 10:45 a.m. Eastern: House Speaker Nancy Pelosi (D-Calif.) held her weekly news conference. Watch here.
  • 4:30 p.m. Eastern: Pelosi and other Democrats hold an enrollment ceremony for the Inflation Reduction Act. Watch live here.
  • 1:35 p.m. Pacific (4:35 p.m. Eastern): Vice President Harris delivers remarks in Oakland, Calif., on the administration’s support for the commercial space sector. Watch here.

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