Senate Dems announce they have the votes to pass Inflation Reduction Act

Senate Democrats have reached an accord on eleventh-hour changes to their top-priority economic legislation, they announced late Thursday, clearing a major hurdle to moving the measure through the chamber in coming days.

Democratic Sen. Kyrsten Sinema of Arizona, a centrist who was seen as the pivotal vote, said in a statement that she had agreed to changes in the measure's tax and energy provisions and was ready to "move forward" on the bill.

Senate Majority Leader Chuck Schumer said lawmakers had achieved a compromise "that I believe will receive the support" of all Democrats in the chamber. His party needs unanimity to move the measure through the 50-50 Senate, along with Vice President Kamala Harris' tie-breaking vote.