You can argue all you want about whether Giuliani saved the city or destroyed it, whether Bloomberg is trying to protect it for the future or make it a playground for the rich, whether it’s really right to be nostalgic for a time when crime rates were astronomical and infrastructure was decaying. But as Gotham Gazette’s indispensable Eye Opener points out this morning, today’s New York has just been called dull by MSN. That stings.
House passes Inflation Reduction Act, which Biden will sign into law next week
House Democrats on Friday approved a sprawling bill to lower prescription drug costs, address global warming, raise taxes on some billion-dollar corporations and reduce the federal deficit, sending to President Biden the long-delayed, last component of his economic agenda in time for this year’s elections.
The 220-207 vote marked the culmination of roughly a year and a half of debate that at times pitted the party’s lawmakers against each other, revealing Democrats’ fierce ideological divides. In the end, though, the often-fractious caucus banded together to overcome unanimous Republican opposition, adopting a measure to improve Americans’ finances originally premised on Biden’s 2020 campaign pledge to “build back better.”