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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, ...
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 ...
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...
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 ...
Inflation Reduction Act: The law’s benefits for green homeowners and car buyers. Ronda Lee. August 16, 2022 at 8:16 AM. President Joe Biden will soon sign the Inflation Reduction Act, a sweeping ...
Although it is called the Inflation Reduction Act (IRA), for many homeowners the opportunity to save money -- by making their home more energy-efficient -- trumps a gradual easing of inflation 10...
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.
Rebates and Incentives Offered by the Inflation Reduction Act. Under the Inflation Reduction Act, $9 billion has been allocated to total energy rebates. Because electricity can be operated by ...