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The Build Back Better Act, which passed the House on September 27, 2021, was used by the Senate as the legislative vehicle for this legislation. On August 6, 2022 Senate Majority Leader Chuck Schumer proposed an amendment which would replace the text of the previously passed bill with the text of the Inflation Reduction Act of 2022.
On Tuesday, President Biden signed the Inflation Reduction Act, a bill in which Georgia senators included several provisions to reduce drug prices.
The IRA also extends subsidies for health insurance costs that began in the 2010 Affordable Care Act for an additional three years. That provision comes with a price tag of about $64 billion.
Senate Democrats announced a deal on a $700 billion Inflation Reduction Act that aims to reduce inflation by paying down the national debt, lowering energy costs and extending affordable ...
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
The Senate passed Democrats’ Inflation Reduction Act on a party-line vote Sunday afternoon, delivering the long-awaited centerpiece to President Biden’s agenda. Democrats rallied behind the ...
For joint returns it would be $150,000, for head of household it is $112,500, and for a single taxpayer it is $75,000, according to the text of the bill. See: Inflation Reduction Act Offers Home ...
The Inflation Reduction Act — which still has plenty of hurdles to overcome before it becomes law — is a ... 2022 at 9: 01 PM. It’s a deal set that is set to use hundreds of billion dollars ...