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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 ...
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 ...
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 — 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 ...
Over the weekend, the United States Senate signed off on the Inflation Reduction Act after much debate about spending and provisions in the legislation. In fact, it was Vice President Kamala Harris...
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 ...
INFLATION REDUCTION ACT. The House is expected to vote Friday on a massive spending package that Democrats say will help to curb inflation. It comes after Vice President Kamala Harris cast the tie ...