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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 ...
The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [261] [262] 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. [263]
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 ...
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...
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.
President Biden discussed the Inflation Reduction Act on Thursday, looking at how the bill will tackle issues such as health care, climate, the federal deficit and taxes. Photo: Elizabeth Frantz ...
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...
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...