Biden to host White House celebration of the Inflation Reduction Act

Thousands of supporters from across the country are expected at the White House on Tuesday as President Biden stages a celebration of the Inflation Reduction Act, a sprawling new law that aims to lower prescription drug costs, address global warming, raise taxes on some billion-dollar corporations and reduce the federal deficit.

In addition to members of Congress and his Cabinet, Biden has invited governors, mayors, climate and environmental leaders, health-care activists, union workers and others to join him on the South Lawn to celebrate what Biden will call “one of the most consequential pieces of legislation in American history,” according to a White House official who spoke on the condition of anonymity to preview the event.

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