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The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [262] [263] 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. [264]
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 ...
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...
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 ...
It was established on September 12, 2022, by Joe Biden via executive order in order to coordinate the policymaking process with respect to implementing the energy and infrastructure provisions of the Inflation Reduction Act and other essential initiatives. [1]
For example, in California, payments range from $200 to $1,050 and are based on income, tax-filing status and household size. In Pennsylvania, rebates go only to residents 65 and older, widows and ...
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 ...
For those who do not qualify for these rebates, the Inflation Reduction Act will grant tax credits for a heat pump installation (up to $2,000) and other energy-saving installations, like an ...