The House gave final passage on Friday to the biggest investment ever in the US to fight climate change. The bill heading to President Biden's desk also includes a hard-fought cap on out-of-pocket prescription drug costs for Medicare recipients and a new corporate minimum tax on big businesses. All told, the Democrats' "Inflation Reduction Act" may not do much to immediately tame inflationary price hikes, but the package will touch countless American lives with longtime party proposals. Republicans deride the 730-page bill as big-government overreach and point particular criticism at its $80 billion investment in the IRS to hire new employees and go after tax scofflaws. Here are key parts of the $740 billion package—made up of $440 billion in new spending and $300 billion toward easing deficits, per the AP: