Search results
Results from the WOW.Com Content Network
The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022.
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 ...
President Joe Biden signed the Inflation Reduction Act, the roughly $700 billion climate, health care and tax package that passed Congress last week on a party line vote. Biden handed a pen to Sen ...
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 does so many things that so many of us have fought to make happen for years and years. There are three things everyone should know about the Inflation Reduction Act.
The Inflation Reduction Act is headed to President Biden's desk. The House approved the bill, a pared-back version of the original Build Back Better legislation, Friday afternoon, with all 220 ...
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...
On Aug. 7, Vice President Kamala Harris cast the tie-breaking vote as Senate Democrats passed the $430 billion Inflation Reduction Act — a climate, tax and healthcare bill that includes ...