Transport Topics (Aug. 12, 2022)
Debate on a multibillion-dollar budget bill targeting supply chain connectivity concerns, clean energy initiatives and economic incentives remains front-and-center on Capitol Hill. A vote on the $740 billion Inflation Reduction Act is expected in the House of Representatives today. That follows Senate passage of the bill, which occurred Aug. 7 along party lines. House approval of the Senate-passed bill would advance the measure to President Joe Biden’s desk for his signature. Its enactment would greenlight key pillars of the president’s Build Back Better social economic and infrastructure agenda.