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The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [265] [266] 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. [267]
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 ...
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 White House held a big celebration this week for the signature accomplishment of President Biden’s term — the so-called Inflation Reduction Act. Thousands were on hand as Biden and others ...
President Biden’s messaging about lowering the cost of prescription drugs through the Inflation Reduction Act is resonating with more people, but most voters overall are still unaware of some ...
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...
Although it is called the Inflation Reduction Act (IRA), for many homeowners the opportunity to save money -- by making their home more energy-efficient -- trumps a gradual easing of inflation 10...
New taxes to pay for it. To pay for it all, in addition to health care savings, the bill makes three changes to the tax code.. There is a new minimum corporate tax that would apply to corporations ...