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The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy.
The Inflation Reduction Act's $369 billion in climate spending could save corporations $84 billion on their decarbonization efforts, according to a recent Bank of America note.
The Inflation Reduction Act is a trimmed-down version of the $1.85 trillion Build Back Better Act that was narrowly passed by the House on Nov. 19, 2021. It aims to cut gas emissions in less than ...
The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in rural communities in need of economic development.
The Inflation Reduction Act. The Biden administration took action over the past several years to tackle rampant inflation and lower costs for everyday Americans.
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 ...
Experts are mixed on the macroeconomic effects of the Inflation Reduction Act. The Tax Foundation forecasts -0.2% long-run GDP and the loss of 29,000 full-time equivalent jobs. Revenue raisers ...