Biden to sign major climate and health care spending bill

President Joe Biden will sign a comprehensive Democratic spending bill Tuesday that seeks to fight climate change, raise taxes on corporations and expand health care coverage.

Biden is expected to deliver remarks from the White House's State Dining Room at the signing of the legislation, dubbed the Inflation Reduction Act, around 3:30 p.m. ET. The bill is a major legislative achievement for Democrats ahead of the midterm elections after more than a year of trying to strike a deal that satisfied both progressives and moderates in the party.

The president is returning in the morning from his vacation in South Carolina, where he had monitored the House's passage of the legislation Friday. After he signs the measure, he’ll continue his vacation in Wilmington, Delaware. The House passed the bill in a 220-207 vote, along party lines, with all Republicans opposing it. Earlier in the week, the Senate passed the measure in a 51-50 vote, with Vice President Kamala Harris breaking the tie.