What is in the Inflation Reduction Act?Have a detailed look at it

Democrats passed a major climate, health and tax bill.

More than $300 billion would be invested in energy and climate reform, the largest federal clean energy investment in U.S. history.

This portion of the bill takes on transportation and electricity generation, and it includes $60 billion for growing renewable energy infrastructure in manufacturing like solar panels and wind turbines.

It also includes several tax credits for individuals on things like electric vehicles and making homes more energy efficient.

The bill would, according to Democrats, lower greenhouse gas emissions by 40%, based on 2005 levels, by the end of the decade, which is short of the 50% Biden had originally aimed for.

The bill includes a historic measure that allows the federal health secretary to negotiate the prices of certain expensive drugs each year for Medicare.

The portion of the bill that tried to cap at $35 per month the price of insulin ,a drug that is incredibly expensive in the U.S. compared to other countries

The bill puts a cap of $2,000 on out-of-pocket prescription drug costs for people on Medicare, effective in 2025.

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