Skip to main contentSkip to main content

The biggest investment ever in the U.S. to fight climate change. A hard-fought cap on out-of-pocket prescription drug costs for seniors in the Medicare program. A new corporate minimum tax to ensure big businesses pay their share. And billions leftover to pay down federal deficits. All told, the Democrats’ Inflation Reduction Act may not do much to immediately tame inflationary price hikes. But the package heading toward final passage in Congress and to the White House for President Joe Biden’s signature will touch countless American lives with longtime party proposals. Here's a look at what's in the estimated $740 billion economic package.

A flagship Democratic economic bill is perched on the edge of House passage. Friday's expected vote would mark final congressional approval. That would hand President Joe Biden a back-from-the-dead triumph on his climate, health care and tax goals. Democrats hope that will energize voters ahead of November’s congressional elections. Republicans are solidly opposed, but the same was true last Sunday when Democrats used Vice President Kamala Harris’ tie-breaking vote to power the measure through the 50-50 Senate. The package is much smaller than Biden's original environment and social program. But it still gives Democrats bragging rights to addressing long-term party goals.

New Zealand has welcomed the first cruise ship to return since the coronavirus pandemic began, signaling a long-sought return to normalcy for the nation’s tourism industry. New Zealand closed its borders in early 2020 as it sought at first to eliminate COVID-19 entirely and then later to control its spread. Although the country reopened its borders to most tourists arriving by plane in May, it wasn’t until two weeks ago that it lifted all remaining restrictions, including those on maritime arrivals. Many in the cruise industry question why it took so long.

Missouri’s health department has announced findings of a lengthy examination of the troubled Bridgeton Landfill in suburban St. Louis, determining that the odor emitting from the landfill created some health concerns but did not increase the risk of cancer. The landfill has been a source of concern for years. Uranium refined in St. Louis as part of the Manhattan Project was illegally dumped at the adjacent West Lake Landfill in 1973. Meanwhile, a smolder was discovered underground in 2010 at Bridgeton Landfill, just a few hundred yards away. The cause remains unknown, but the resulting odor was so pungent that many nearby residents complained of illness and were often forced to stay inside.

Affiliate

Content by Brand Ave. Studios. The annual Amazon Prime Day is coming July 12 and 13, and per usual will offer discounts on many of your favorite things.

Content by Brand Ave. Studios. The annual Amazon Prime Day is coming July 12 and 13, and per usual will offer discounts on many of your favorite things.

If you want a renter-friendly kitchen upgrade, using peel and stick tiles is a great way to change the look. TikTok creator @diydalia used a stone-look peel and stick and added some spackle to make it look more realistic.

Get up-to-the-minute news sent straight to your device.

Topics

News Alerts

Breaking News