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The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [246] [247] 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. [248]
The bill finally got enough votes after centrist Democrat Joe Manchin and Senate Majority Leader Chuck Schumer came to an ... The Inflation Reduction Act will likely go to a vote in the U.S. House ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
The Inflation Reduction Act is headed to President Biden's desk. The House approved the bill, a pared-back version of the original Build Back Better legislation, Friday afternoon, with all 220 ...
The Inflation Reduction Act — which still has plenty of hurdles to ... Republicans are expected to line up en masse against the proposal but it can pass with only the votes of all 50 Democratic ...
Over the weekend, Senate Democrats passed the Inflation Reduction Act of 2022, legislation that would fulfill some of President Biden’s campaign promises on climate and prescription drugs ...
In August 2022, Biden signed into law the Inflation Reduction Act of 2022, which includes the largest federal climate change investment in American history. [26] [27] The Inflation Reduction Act alone can create $3 trillion in climate investments in the 2022-2032 period and $11 trillion in overall infrastructure investments by 2050. [28]
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 ...