US President Joe Biden signed a $740 billion health care, tax and climate bill. Of which the largest fund of $375 billion will go to combat the effects of climate change. News from the Washington Post.
According to reports, the United States aims to reduce carbon emissions by 44 percent by 2030. Moreover, the country's government will also work to reduce dependence on fossil fuels. In addition to operating factories through alternative energy, infrastructure with advanced technology will be developed.
Signing the bill would fulfill a promise by Democrats to cut the cost of essential drugs. At the same time, the amount of tax on rich industrialists will be increased to reduce the pressure on the poor.
Meanwhile, Democrats see such a decision as crucial ahead of the US congressional elections in November.
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