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The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [266] [267] 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. [268]
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 ...
Inflation Reduction Act (IRA) Summary. The Inflation Reduction Act passed the House and Senate using reconciliation along party lines in August 2022. President Biden signed it into law on August 16. Vox reported that key objectives include: Reduce carbon emissions significantly through climate protection incentives. This includes tax credits ...
Motion to proceed to H.R. 5376, the legislative vehicle for the Inflation Reduction Act of 2022: Yea: 51–50 Motion agreed to. August 7, 2022 S.Amdt. 5488 to H.R. 5376, the Inflation Reduction Act of 2022: Yea: 51–50 Amendment agreed to. H.R. 5376, the Inflation Reduction Act of 2022: Yea: 51–50 H.R. 5376 passed, as amended. February 28, 2023
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 largest climate investment in US history has dramatically reshaped the EV landscape. One year ago, President Biden signed the Inflation Reduction Act (IRA) into law, which set aside roughly ...
S. 2747: Freedom to Vote Act (Senate failed to invoke cloture on a motion to proceed to the bill by vote held on January 19, 2022) [24] S. 2992: American Innovation and Choice Online Act; S. 3538: EARN IT Act; S. 4132: Women's Health Protection Act (Senate failed to invoke cloture on a motion to proceed to the bill by vote held on May 11, 2022 ...
The signing Tuesday of the Inflation Reduction Act is set to kick off a parade of action from the Biden administration and other Democrats to sell the bill. A big aspect of the coming Democratic ...