The Senate on Sunday, voting along party lines, passed the Inflation Reduction Act of 2022.
The bill, which includes domestic energy incentives and other provisions aimed at reducing carbon emissions, would provide significant investments for agriculture, including over $20 billion in funding to support farmers’ implementation and expansion of voluntary on-farm conservation practices and $500 million to provide greater market access for higher blends of biofuels.
The bill is meant to provide key funding for clean energy investments and measures to reduce prescription drug costs.
The marathon session that started Saturday continued into Sunday afternoon, with senators voting on a number of amendments to the 755 page legislation, including a failed provision offered by Sen. Raphael Warnock (D-GA) that would have capped the cost of insulin products at $35 per month for those with private insurance.
On Saturday, Vice President Kamala Harris cast the tie-breaking vote to launch a full day of debate over the bill — as well as several last-minute amendments Republican senators introduced, even though it was known in advance that no Republican was going to vote for the bill.
