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LIVE: President Biden signs the Inflation Reduction Act into law — 8/16/22

President Biden delivers remarks and signs into law H.R. 5376, the Inflation Reduction Act of 2022 on Tuesday. The House passed a sweeping tax, health and climate bill on Friday, delivering a major win for Democrats and President Joe Biden less than three months before the pivotal midterm elections. The chamber approved the more than $430 billion package by a 220-207 margin, as all Democrats backed it and all Republicans opposed it. The bill, dubbed the Inflation Reduction Act, embodies the thrust of the Biden administration’s domestic “Build Back Better” agenda to reshape the U.S. economy as it emerged from the coronavirus pandemic. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #CNBCTV LIVE: President Biden signs the Inflation Reduction Act into law — 8/16/22
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