House to pass Biden's $370 Inflation Reduction Act TODAY

Contributing sentiments towards policy:

61% : The legislation - which passed the Senate with only Democratic votes on Sunday - aims to reduce the price of prescription drugs and health insurance and includes a number of green energy initiatives, two major pillars of Biden's original Build Back Better plan.
58% : One is a 10-year consumer tax credit for renewable energy investments in wind and solar.
52% : The bill also gives tax credits for nuclear power and carbon capture technology that oil companies such as Exxon Mobil have invested millions of dollars to advance.
44% : The bill would impose a new fee on excess methane emissions from oil and gas drilling while giving fossil fuel companies access to more leases on federal lands and waters.
40% : Federal deficits spiked during the COVID-19 pandemic when federal spending soared and tax revenues fell as the nation's economy churned through shutdowns, closed offices and other massive changes.
39% : Republicans have grumbled that the bill will raise taxes on the middle class - a dubious claim according to the Associated Press fact-checkers.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.