Biden will sign a major health, climate and tax bill Tuesday at a White House ceremony

President Joe Biden plans to sign the Democrats’ sweeping climate, health and tax bill into law Tuesday at the White House, marking a major achievement for his domestic agenda less than three months before the midterm elections.

Biden will deliver remarks and sign the bill, known as the Inflation Reduction Act, at an event in the White House State Dining Room, the White House said Monday.

It will likely be a smaller ceremony, with Congress out of session and most members participating in the bill’s passage out of town.

Riding on some political momentum, Biden cut short his summer vacation for the signing just days after the House approved the measure, after passing the Senate by just one vote amid some political drama. He spent much of the last week in South Carolina.

A larger celebration is planned for September 6.

President Joe Biden arrives to sign the instruments of ratification of the NATO Accession Protocols for Finland and Sweden in the East Room of the White House in Washington on August 9, 2022.

Gripas Yuri/Abaka via ZUMA Press

The White House also said that “in the coming weeks” Biden will host a cabinet meeting focused on implementing the new law and will also travel around the US to promote it.

The Biden administration has planned a nationwide campaign for legislation aimed at making prescription drugs and health insurance cheaper; invest in clean energy and limit climate change; raising taxes on the rich; and reduce the deficit.

PHOTO: House Democrats cheer after House Speaker Nancy Pelosi signed the Inflation Reduction Act into law during a sign-in ceremony after the House passed the legislation at the U.S. Capitol on Aug. 12, 2022. .in Washington, DC

House Democrats cheer after House Speaker Nancy Pelosi signs the Inflation Reduction Act during a sign-in ceremony after the House passed the legislation at the U.S. Capitol on August 12, 2022 in Washington, DC

Drew Angerer/Getty Images

From this week through the end of August, Cabinet members plan to travel to 23 states, on more than 35 trips, to promote the “Inflation Reduction Act,” according to the White House.

The administration also plans to spread information online and on social media about the impact of the legislation and work with members of Congress to host hundreds of events, the White House said.

The blitz will highlight other major legislative victories as well as part of the Building a Better America tour.

In a memo released by the White House from senior adviser Anita Dunn and deputy chief of staff Jen O’Malley Dillon to chief of staff Ron Klein, the administration plans to not only tout IRA adoption but also the CHIPS Act, aimed at boosting the US semiconductor industry over China’s and easing shortages caused by the pandemic, the bipartisan gun control bill and the bipartisan infrastructure bill.

Ahead of Tuesday’s signing, the White House on Monday announced what it said would be the impact of the IRA.

About 1.4 million Americans who are on Medicare and typically spend more than $2,000 a year on prescription drugs will see their costs capped at that amount, according to the White House. All told, there are about 50 million Americans in Medicare Part D who are eligible for this cost cap.

The White House said there are about 3.3 million Americans on Medicare who use insulin who will benefit from the new $35 monthly price cap.

The White House also estimates that about 5-7 million Americans could see their prescription drug costs go down once Medicare begins cost negotiations.

Obamacare’s lower premiums will be extended for 13 million Americans insured under that program, the White House said.

And the White House also claims that greenhouse gas emissions will be reduced by a billion metric tons in 2030 thanks to the IRA.

ABC News’ Sarah Kolinowski and Justin Gomez contributed to this report.

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