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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]
The program has been known as RAISE since 2021, and has awarded 90 projects across 47 states plus the District of Columbia and Guam in 2021, 166 projects across 50 states and various territories in 2022, and 162 projects across 50 states and various territories in 2023. [11] In 2023, the program received $2.2 billion in federal funding. [12]
The $4.28 billion program has a maximum rebate total of $14,000 per household. ... the Inflation Reduction Act will grant tax credits for a heat pump installation (up to $2,000) and other energy ...
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 ...
The signing Tuesday of the Inflation Reduction Act is set to kick off a parade of action from the Biden administration and other Democrats to sell the bill. A big aspect of the coming Democratic ...
The Family and Small Business Taxpayer Protection Act is a proposed United States law that would rescind the expansion of the Internal Revenue Service included in the Inflation Reduction Act of 2022. [1] It was the first bill to be introduced in the 118th Congress.