Biden signs Inflation Reduction Act into law, marking big win for Democrats

The $740 billion bill brings the biggest investment ever in U.S. history to fight climate change.
1:00 | 08/16/22

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Transcript for Biden signs Inflation Reduction Act into law, marking big win for Democrats
- This administration began amid a dark time in America. As Jim said, a once-in-a-century pandemic, devastating joblessness, clear and present threats to democracy and the rule of law, doubts about America's future itself. And yet, we've not wavered, we've not flinched, and we've not given in. Instead, we're delivering results for the American people. We didn't tear down. We build up. We didn't look back. We look forward. And today, today offers further proof that the soul of America is vibrant, the future of America is bright, and the promise of America is real and just beginning. There you go. It's now law. [APPLAUSE, CHEERING] [MUSIC PLAYING]

This transcript has been automatically generated and may not be 100% accurate.

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