For Biden, a Win and a Bet on America's Future.

The article reports on how the passage by the U.S. House of Representatives of the Inflation Reduction Act in August 2022 is a legislative victory for President Joe Biden as it achieved his promise to fight global warming, create a new social safety net, and reduce the gap between the rich and the poor. Also cited is how the bill will reduce drug prices, increase competitiveness of the semiconductor industry, and address climate change.