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The Inflation Reduction Act of 2022 (IRA) ... with the suggestion that half the money go to households below 80 percent of area median income. ...
The $739 billion Inflation Reduction Act was signed into law by President Biden on Aug. 16, which aims to curb inflation and reduce the national deficit by $305 billion over the next decade, ABC ...
With 2023 coming closer into view, there's new economic legislation that will come into play -- some of which will hopefully benefit Americans, including the terms of the Inflation Reduction Act...
With President Joe Biden signing the Inflation Reduction Act into law on Aug. 16, it marks one of the biggest spending packages in American history at $750 billion, per CNN. In total, $430 billion...
The credit rating agency says that the act would “modestly reduce inflation over the 10-year budget horizon,” with an average “reduction in CPI inflation of 3.3 basis points” per year.
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 ...
Finally, the deal would reportedly add a new 1% excise tax on stock buybacks. That provision, another late addition to gain Sinema's support, will reportedly bring in $73 billion to the U.S. Treasury.
A report by non-profit group Rewiring America found that the tax incentives included as part of the $369 billion dedicated to climate initiatives in the Inflation Reduction Act would save the ...