Welcome to Monday's Morning Show Podcast, because you deserve a better morning.

We are going to talk about the huge bill that the Senate passed yesterday, but also something really cool is happening today.

We have a brand new partner with the morning show podcast.

Yes, the litter robot.

I'm so bummed.

Carlin is going to tell you about it, but one of the reasons this is really cool is because it's something that we actually use on definitely a daily basis. Like 37 times a day, I think. I don't know what it is. So that will hit you right after Hope for Humanity. Welcome to the Morning Show podcast. My name is Anthony. I'm Carla Marie. And today is Monday, August 8th, 2022. The Core 4. The four headlines you need to know.

After spending all of Saturday night rejecting and passing amendments, the Senate passed

the Inflation Reduction Act of 2022 with a 51 to 50 vote.

The final tally saw every single Democrat vote in favor of the bill and every

Republican reject the bill. That 50-50 tie was broken by Vice President Kamala Harris. The bill is

basically a huge spending package that looks to do a couple of key things. Number one, lower the

cost of prescription drugs, although a measure to cap the cost of insulin for all

insured Americans was removed over the weekend. Two, the bill also aims to tackle climate change

by investing more than $300 billion into clean energy and climate reform, making it the largest

federal clean energy investment in American history. Three, the bill is hoping to pay for all of this and reduce the national deficit by about

$300 billion by implementing a 15% tax on any company making over a billion dollars and

adding a 1% tax to all stock buybacks.

The bill will also add funding to the IRS with the hopes of allowing the agency to go after higher earners.

That part of the bill, though, has some people worried that middle class Americans and lower earners will see more audits.

Now, even though the Democrats named the bill the Inflation Reduction Act of 2022 and claim, it will ease the financial squeeze we've all been feeling,

there is a nonpartisan congressional budget office that looks over all these sorts of things, and that office claims

the bill has a negligible effect on inflation for this year and next year, meaning anyone

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