According to a joint statement from Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV), the Inflation Reduction Act of 2022 will be added to the FY2022 Budget Reconciliation bill and voted in the Senate the week of 1 August 2022. This includes measures to lower prescription drug and health insurance costs and address energy security and climate issues, which will be funded by tax measures targeting high-income individuals and corporations, including a new 15% corporate alternative minimum tax (AMT) for large companies. A further statement from Senator Schumer has also been published, including links to the legislative...