u.s. history, putting forth more than 300 billion dollars for climate clean energy investment, including a methane reduction program, which rewards farmers and ranchers for reducing methane emissions. environmental justice block grants, a climate bank provision to make investments in clean energy technology, and energy efficiency. an extension of the electric vehicle tax credit. guaranteed wage rates for clean energy jobs, in four billion dollars for drought funding, one of several items of the democratic arizona senator kirsten sinema negotiated into the bill in order to end her hold out for. it on drug pricing, the inflation production act gives medicare the power to negotiate some prices with drug companies for the first time, with the goal of lowering prescription drug costs for seniors. however, a provision would ve kept the price increase for prescription drugs in the commercial market, but penalizing companies, was blocked by the senate parliamentarian. she said it cou
inflation reduction act after a republican amendment in the vote-a-rama past with democrats like kristen sinema, voting in favor of it. this is making the legislative marathon even longer as republicans continue to try to make this process as painful as possible. democrats are painting the eventual expected passage of the bill as a major victory, hailing what is in it for the american people. vote after vote after vote we have done this with no sleep 11 hours straight. why? because we know this bill is finally going to do something about climate change. lift the ban on negotiating less expensive drugs under medicare. and then as the name of the bill says, bring inflation down by 305 billion dollars a deficit reduction. oil need 50 votes. we don t need 60 we don t need any republican votes to do something significant for working families in this country. unfortunately, for fairly well known reasons we have conservative democrats. we couldn t get the 50 votes that we need r
basking in a historic win with a landmark spending bill passing just hours ago. president biden is wasting no time applauding the passage. it may become the largest investment in climate change intervention the nation s ever seen. i m almost has every region of the nation has been baked by extreme heat. the summer many states terrorized by extreme weather disasters that caused billions of dollars and hundreds of lives. coast to coast we are bracing for more as fire season in the western states has opened with more record places well federal scientists warn of an above average and above normal hurricane season. still threatening the east coast. yet for all the unprecedented crime and action promised by the inflation reduction act it is still just a step towards a sustainable future. it is moving the country away from fossil fuels and substantially curving the nation s emissions over the next eight years. even with this legislative battle over climate action or is america rea
Today inspire our lawmakers to walk in the light of your countenance, abide with them so that your wisdom will influence each decision. Keep them from evil so is that they will not be brought to grief, enabling them to avoid the pitfalls that lead to ruin. Empower them to glorify you in all they think, say, and do. And, lord, we thank you for our faithful senate pages. We pray in your loving name. Amen. The presiding officer please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington, d. C. , august 6, 2022. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable tammy baldwin, a senator from the state of wisconsin, to perform the duties of the ch
here. a kind of wonewoc through wet is in the inflation reduction act, for those that are watching these votes coming in so we can get a clear sense of what it s gonna be offered to the american people. we are seeing on the screen is the climate clean energy piece of this this is also the health care and tax component. on the climate piece of this, it s obviously not everything that democrats wanted. it is everything they could get with 50 democratic votes right now in the senate. you have the methane reduction program, you have extending obamacare which of course is on the health care part of this, but with the climate piece i mean electrical credits are going to be extended up to people making $75,000 a year for used cars hundred and 50,000 for your news cars new cars. and west virginia, where they re trying to transition folks who are making pretty good money and they re cold jobs that they ve had for julia standby for just one moment. we re going to the senate for,