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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]
One way the administration did that was through the Inflation Reduction Act (IRA), which was signed into law in 2022. Key provisions of the bill are directly aimed at improving the lives of the ...
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 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 ...
To help pay for the new provisions in the Inflation Reduction Act, the U.S. government will institute new tax structures. Discover: Inflation Reduction Act's Climate Change Initiatives Subsidize ...
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 ...
One year ago, President Biden signed the Inflation Reduction Act (IRA) into law, which set aside roughly $400 billion in federal funding for clean energy. Since then, carmakers and suppliers have ...