While overdue, the inflation reduction act is still a win for Joe Biden

Over the weekend, President Joe Biden drew one step closer to signing the Inflation Reduction Act, a landmark bill that would reform corporate taxes and provide $433 billion in new spending for climate and healthcare. In a party-line vote, Senate Democrats approved the legislation through the special budget reconciliation process, setting the stage for final passage in the House later this week. In this Q&A, Thomas Gift discusses the significance of the bill, how the negotiations unfolded, and how it might affect the 2022 primaries.