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The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [266] [267] 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. [268]
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 ...
"Our preliminary analysis of the 'Inflation Reduction Act' (IRA), a climate, tax, and health-focused bill, shows it will boost the level of GDP by about 0.2%-0.3% by the end of 2031 and, despite ...
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 ...
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 inflation raging near its highest level in four decades, the House on Friday gave final approval to President Joe Biden's landmark Inflation Reduction Act. Its title raises a tantalizing ...
The largest climate investment in US history has dramatically reshaped the EV landscape. One year ago, President Biden signed the Inflation Reduction Act (IRA) into law, which set aside roughly ...
The House signed the Inflation Reduction Act of 2022 into law on Friday. The extensive bill is targeted at fighting climate change, slashing the national deficit and lowering the price of ...