President Biden signed a major climate, tax and health care package into law. Meanwhile, states in the West failed to reach a water-sharing agreement. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we’re Rachel Frazin and Zack Budryk. Someone forward you this newsletter? Subscribe here. Biden signs Inflation Reduction Act into law President Biden signed into law a sweeping bill to lower health care costs and address climate change on Tuesday, sealing a legislative victory more than a year in the making. The $740 billion bill was significantly slimmed down from the original$3.5 trillion
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