senate democrats have passed the inflation reduction act. they re major climate in health policy act on vice president kamala harris breaking the 50/50 tie. the yays are 50, the nays are 50. the senate being equally divided, the vice president votes in the affirmative, and the bill, as amended, is passed. the final version of the bill includes some huge wins for democrats, including investing nearly 400 billion dollars over ten years to attack climate change and to boost clean energy. it allows medicare to negotiate drug prices. raises taxes on some billion dollar corporations, and in a statement president biden said of the bill quote, it required many compromises. doing important things almost always does. well, let s talk about some of those compromises. senate republicans block democrats proposal to cap the price of insulin, to $35 a month on the private insurance market. in the final hours of the marathon vote-a-rama. kirsten sinema pushed for a change to the bills
marathon vote-a-rama. kirsten sinema pushed for a change to the bills tax provisions, concerned over the how the corporate tax hikes would affect subsidiaries of private equity firms. in the end, that was just a speed bump for democrats, who came up with work around. they kept the party together to pass the historic legislation the inflation production act will now head to the house where it is scheduled for a final vote, this coming week. joining me now, democratic congresswoman judy chu of california, she s the chairwoman of the congressional asian pacific american caucus. thanks for joining us. let s start with the big news of the day. i guess it started yesterday, but into today. your reaction to the senate passing this bill, and i guess more importantly, do you expect any complications, hiccups, whatever when it comes to the house next week? where this week? i m just so thrilled that it passed, we ve gone through ups