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The Inflation Reduction Act (IRA) passed in 2022, which included allocating billions of dollars towards investments related to renewable energy sources. But the future of such policies remains ...
Since the onset of the COVID-19 pandemic more than four years ago, the U.S. has experienced 40-year record-high inflation that has just now started to cool down over the past several months. As ...
The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [261] [262] According to a Biden administration statement, in the first year of implementation, around $2 billion was allocated to protect and restore land and marine ecosystems, including National Parks and the National Wildlife Refuge System. [263]
The Inflation Reduction Act — which still has plenty of hurdles to overcome before it becomes law — is a far cry from some early Democratic ambitions but nonetheless marks a potentially giant ...
Although it is called the Inflation Reduction Act (IRA), for many homeowners the opportunity to save money -- by making their home more energy-efficient -- trumps a gradual easing of inflation 10...
Electric vehicle (EV) tax credit. Currently, consumers who buy a new EV receive the Qualified Plug-in Electric Drive Motor Vehicle Credit with a maximum $7,500 depending on the capacity of the ...
With a vote of 220 to 207, the U.S. House of Representatives passed the Inflation Reduction Act on Friday. Here's what's in the bill
President Joe Biden signed the Inflation Reduction Act into law on Aug. 16, sweeping legislation which addresses climate, energy and healthcare issues. One of the provisions of the act is to ...