President Joe Biden signed a law of US $ 430 billion, in order to solve climate problems, decrease in prescription drugs and reduce inflation.

US President Joe Biden signed a law of $ 430 billion in reduction in the White House on August 16 with the presence of Democratic leaders.

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Photo: Reuters

After signing the bill, Mr. Biden gave a pen for Western Senator Virginia Joe Manchin, an important supporter so that the bill was passed after blocking bigger measures that the White House motivated.

With more than $ 300 billion in climatic investment, the new law is considered the largest climate package in American history.

US President Joe Biden signed the Act of Inflation Reduction at the White House on August 16.

The Democratic Party says the law will help reduce inflation by reducing federal deficit, although independent economists think it takes years before seeing the results of this measure.

During the signing session, the US president also criticized the Republic.

The Republican Party criticized the law for thinking that it was too effective in lowering the price of domestic goods.

Democratic party members last year's robbery by pushing our economy into a record inflation.

Despite the Republican's face, observers believe that the law that President Biden has just signed is still considered an important legal victory, which can shape his legacy.

The Act of Reducing Inflation is a great achievement that contributes to shaping Mr. Biden's heritage, although it is too early to talk about its impact on the United States.

Mr. Biden achieved some important legislative achievements in the second year of his term by standing out, contrary to his political style.