Senate PASSES Biden-backed $740billion reconciliation bill with no Republican support after Kamala casts tie-breaking vote: GOP Sen. Rick Scott says deal is a 'war on seniors' and Democrat Sen. Chris Coons admits it may take a YEAR to ease inflation
The bill passed on a party-line vote with Vice President Kamala Harris breaking the 50-50 tie
It passed with an amendment by GOP Senator John Thune to exempt some companies from its 15 percent corporate minimum tax
Senate Dems erupted in cheers and applause after the 16-hour voting session
Democrats were hopeful for a win ahead of November's midterm elections
The bill contains funding to beef up IRS enforcement, expand green energy production, and lower the cost of healthcare
Republicans successfully forced Democrats to strip a provision that would have capped the price of insulin at $35
President Biden celebrated, stating that 'today, Senate Democrats sided with American families over special interests,' and urged the House to pass the bill
Democrat Senator Chris Coons admitted the bill could take 'a year or more' to bring down the inflation rate, which hit 9.1 percent in June