Senate improves EV tax credit in largest climate bill ever

by Jameson Dow

The Senate has voted to pass the Inflation Reduction Act, which includes nearly $400 billion over 10 years in funding for climate and energy related programs, and an extension and improvement of the US electric car tax credit.

The bill passed with a vote of 51-50, with all Democrats supporting and all Republicans opposed and Vice President Kamala Harris acting as the tiebreaker vote.

The bill now goes on to the House, where it is expected to pass within the week, and then to President Biden’s desk.

After much negotiation, Manchin finally agreed to a version of the bill that would allow it to pass despite Republican opposition to necessary climate measures.

The climate portion of the bill represents $369 billion in spending, down from the $550 billion in the original Build Back Better proposal.