Tax Policy Update
Join other hard-working American taxpayers in asking Congress NOT punish success, taking a lifetime of savings.
The Senate voted to pass the $750 billion Inflation Reduction Act (H.R. 5376) along party lines (51-50) this afternoon, concluding a marathon session that began Saturday evening. As expected, Vice President Kamala Harris cast the tie-breaking vote to approve the bill. The legislation will now be sent to the House of Representatives for consideration. House leadership announced last week that the chamber will return on Friday, Aug. 12 to vote on H.R. 5376. The House is not expected to make further changes to the legislation, and House passage of an unaltered bill would send it to President Joe Biden’s desk for final signature.
Senate Concludes Vote-a-Rama, Passes Inflation Reduction Act. Taxation & Representation.
The Senate concluded its vote-a-rama on H.R. 5376 earlier today after approximately 15 hours of activity. The vote-a-rama was preceded by four hours of debate on the bill. Click here to see our final vote-a-rama tracker, which includes descriptions of the amendments, notes on discussion and information on final votes.

To read more about the amendments and the process of their passage, please click below.

Our thanks to Brownstein Hyatt Farber Schreck for this report. Read more about the amendments and the process of their passage.

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Pat Soldano
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pmsoldano@family-enterpriseusa.com
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202-738-4916
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