Joe Biden signs a victory by enacting his vast climate and health reform

Le président américain, Joe Biden, devra affronter des élections législatives déterminantes dans trois mois et traditionnellement perdues par le camp au pouvoir.

It’s a great victory for Joe Biden. While the American president will have to face decisive legislative elections in three months and traditionally lost by the camp in power, he promulgated, on Tuesday, his vast climate and health plan, the largest investment ever adopted in the United States in the fight against climate change. climate change.

Because it is indeed the ambition of the various measures adopted with in particular financial incentives intended to make evolve the American economy towards renewable energies with an envelope of 370 billion dollars. The objective aims, in fact, to encourage by subsidies rather than to sanction with fines the big polluters to achieve a reduction of CO2 emissions by 40% by 2030 compared to 2005. A country can be transformed. That’s what’s happening today »thus welcomed Joe Biden from the White House, in a speech with electoral accents, delivered before signing this reform, baptized Inflation Reduction Act ». It’s about the future. It’s about bringing progress and prosperity to American families »said the one who originally pleaded for an even larger investment plan. It’s about showing America and the American people that democracy still works in the United States. ». For their part, the Republicans called scam » tax credits of up to $7,500 for the purchase of an electric car, but environmental group Sierra Club has welcomed the measure bold ». Future generations will remember this day as the day the tide turned against the fossil fuel industries sector, in favor of a healthier, cleaner and fairer future for everyone, across the country. »commented the president of the NGO, Ramon Cruz.

Limitation of drug prices and minimum tax

The plan also plans to limit the price of certain drugs in an attempt to compensate for the immense inequalities in access to care in the United States. Medicare, a public health insurance system intended among others for the over 65s, will thus be able, for the first time, to negotiate the prices of certain drugs directly with pharmaceutical companies, and obtain more competitive prices.

Finally, to provide financing, the plan will establish a minimum tax rate of 15% for all companies whose profits exceed one billion dollars. This new tax aims to prevent certain large companies from using the tax loopholes which have allowed them so far to pay much less than the theoretical rate. According to estimates, this measure could generate more than 258 billion dollars in revenue for the US federal state over the next ten years.

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I know there are those today who have a dark and desperate view of our country. it’s not my case »said Joe Biden on Tuesday. The climate and health reform, which all Republicans voted against, shows that the Americans won and the pressure groups lost »he added. This is the choice before us: we can protect the powerful or we can have the courage to build a future that offers opportunities for all. This is the America I believe in »said the American president who desperately needed a political success after a difficult year marked by the chaotic withdrawal from Afghanistan last year, the successive waves of Covid and inflation at its highest level in 40 years.

A series of victories for Joe Biden

Furthermore, Joe Biden’s efforts have often been hampered by a very narrow majority in both the House of Representatives and the Senate. Polls predict the Republicans will win a solid majority in the House of Representatives in November, or even win the Senate, which could make Joe Biden a figurehead president until the end of his term in 2024.

However, the tide seems to have turned in favor of the Democratic president who has reaped successes in recent weeks when Republicans are mired in the scandal of Donald Trump’s recklessness vis-à-vis classified documents top secret » moved to his personal Mar-a-Lago residence, where the FBI had to pick them up this week. At the end of June, Joe Biden signed into law a law regulating firearms, the most important in nearly 30 years. And at the beginning of August, he released 52 billion dollars in subsidies to relaunch the production of semiconductors in the United States, as well as signing a law aimed at improving the care of veterans exposed to toxic fumes.

(With AFP)