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we will have a live report from southern israel. new rocket strikes near a nuclear power plant, raising fears of a disaster in europe. we re live in ukraine, with the details. live from cnn center, this is cnn newsroom, with rosemary church. good to have you with us, the u.s. is on track to make its biggest investment to combat the climate crisis in history, after the democrat passed sweeping climate and tax bill officially known as the inflation reduction act, vice president kamala harris cast the deciding vote to break a 5050 tie. the are 50, the knees are 50, the senate being equally divided, the vice president votes in the affirmative and the bill as amended these past. not a single republican senator voted for the measure, they of course have a much different view of the bill. here is senate minority leader mitch mcconnell. american families are crying out for relief, the democrats decided to spend hundreds of billions of dollars of the people s money o ....
translator: we don t want to keep going through this. every year there are strikes. this is where the next phase of the war will be won or lost, in trenches like this. live from london, this is cnn newsroom with max foster. it is monday, august 8, 9:00 a.m. here in london, 4:00 a.m. in washington where new life is being breathed into president biden s domestic agenda after senate democrats finally passed their sweeping climate health care and tax plan officially known as the inflation reduction act. vice president kamala harris cast the deciding vote after a deadlock along party lines. on this vote the yeas are 50, nays are 50. the senate being equally divided, the vice president votes in the affirmative and the motion is agreed to. the measure represents the largest climate investment in u.s. history with $370 billion to combat climate change. it also makes major changes to health policy such as giving medicare the power to negotiate some drug prices and ....
next up is the house, and they plan to take up the bill on friday. it s expected to pass, again, along party lines just as it did in the senate. once that happens, the white house plans to seize the momentum. while the president will be talking about this and explaining it absolutely to the american people and what it will look like is trying to explain in very practical terms why this matters for people s lives. the president will, our entire team will be out making the case. obviously right now we re focused on the last steps in this process, getting the bill through the house and to the president s desk for signature. let s go live to the capital and cnn s jessica dean. jes jessica, there are some wide-reaching provisions in this bill. lay it out for us. yeah, there s a lot in this bill. you mentioned that it s headed to the house. that s what comes next after senate democrats notched a big victory on something that frankly many of them didn t think they would ....
manchin earlier back in july, but now we do have this bill that has passed the senate. it is headed to the house. it has the biggest investment in climate ever to come out of congress and $369 billion. it also has a host of health care provisions in it, including expanding those affordable care act subsidies. for the first time ever, medicare will negotiate the price of some drugs that s going to cap out of pocket expenses at $2,000 for people on medicare, and also going to limit the cost of insulin, which is a popular drug that a lot of americans on medicare use for anybody on medicare, it s going to cap that at $35 a month, and puts in new tax provisions as well. chief among them, a 15% minimum tax on some of the largest corporations in america. that s a little bit of what s in the bill. it does go to the house where we are expecting it to pass and go to president biden s desk. victor, you alluded to this. it is really the latest in a string of victories for preside ....
the world. i m wolf blitzer. you re in the situation room. tonight, president biden has started trying to convince voters that a much-needed victory for his agenda is a win for them as well. the senate approving the democrats flagship economic package. let s go to our chief white house correspondent, kaitlin collins. final passage is expected in the house of representatives later this week. it will be a very big moment for the president. reporter: it absolutely will, wolf, because it s been a very tough few months for this white house. so this is a welcome change of pace for many of the officials, including president biden as they are now cruising into what appears to be the passage of this major piece of legislation. you re right, going to the house later this week and then the white house hopes on to president biden s desk for his signature. while the bill is very different from what democrats were negotiating over just last summer, wolf, it is still something that ....