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harris announcing the passage of the inflation reduction act which is a $750 billion tax and climate bill that will likely define biden s legacy. the democratically controlled house is expected to take up this legislation on friday and must approve the bill before it reaches the president s desk. it has been a good week for biden. in the word of his predecessor he s been doing a lot of wing and that has democrats energized about the upcoming mid terms. reporter: democrats are on the verge of a massive victory with less than 100 days before the mid-term elections. the senate voted on sunday along party lines to approve a sweeping economic package, and this vote came after a marathon voting session that began saturday evening and lasted into the next day. and this bill includes a number of key democratic priorities. it includes a historic investment of nearly $370 billion for the climate. it would allow medicare to negotiate drug prices. it would extend expiring obamaca ....
finland, the first major federal gun safety legislation passed in decades, bipartisan, it includes incentivizing red flag laws, closes the boyfriend loophole and funds crisis intervention programs including mental health courts. and tomorrow president biden is expected to sign the bipartisan chips and science act boosting u.s. semi-conductor production and the making of cars, household appliances and computers. also this week he is expected to sign a bipartisan bill enhancing health care and disability benefits for millions of veterans exposed to toxic burn pits. let s get right to capitol hill where they were up all night saturday into sunday, a marathon session, but the senate did pass the inflation reduction act. jessica dean is there. jessica, what is in this big piece of legislation? reporter: good morning to both of you. yeah, this is a big, big win for senate democrats who frankly, john and brianna, they didn t know that they were going to get to this point. th ....
This is something we ll learn details as the morning breaks and continues. so this is a fluid i don t think we should say this is quite ready yet. mike barnicle , now is the time democrats come together and get a bill done. this is a democratic party that desperately need a big win. they have a $1.2 trillion infrastructure bill bipartisan that s a massive pr victory. they need to get this framework d need to do it today if they want to benefit from all of this ....
speaker pelosi saying we are in good shape as there is a battle inside the democratic party about what to do with these big bills. infrastructure bill bipartisan, waiting on a vote in the house. already passed the senate and the 3.5 reconciliation bill causing a lot of headaches especially for moderates. the president s approval rating in a number of swing states is dropping if you look at iowa. 31%. we put that up the other day. new hampshire under water. michigan, virginia, virginia has its own governor s race coming up this year let alone the midterm elections next year. the latest polls out of the washington post has likely voters with youngkin, the republican 47. mcauliffe 50%. other polls have that, again, essentially tied. we are back with the panel. what about this as the president s approval slides because of a number of different reasons. how do democrats look at this? we are a long way from 2022. ....