What’s in the Senate-Passed Tax and Energy Bill

The Senate passed Democrats’ landmark tax, climate and health-care bill, setting up the legislation for House approval and President Joe Biden’s signature.

After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit, paid for by new corporate taxes. The legislation is far from the roughly $4 trillion to reshape the American economy that Biden first envisioned when taking office, but the bill still gives Democrats something to show voters ahead of the November mid-term elections.

Here are the highlights of what’s ...