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This past weekend marked the third anniversary of the Inflation Reduction Act, signed into law by former President Joe Biden ...
President Joe Biden speaks about the Inflation Reduction Act of 2022 during a ceremony on the South Lawn of the White House in Washington, Sept. 13, 2022.
The Inflation Reduction Act passed the Senate 51-50 on Aug. 7, 2022 with all 50 Democratic senators voting in favor and Vice President Kamala Harris stepping in to cast the tie-breaking vote in ...
“The Inflation Reduction Act — I wish I hadn’t called it that, because it has less to do with reducing inflation than it does to do with dealing with providing for alternatives that generate ...
The Inflation Reduction Act will raise about $740 billion over 10 years, through a new minimum corporate tax, increased IRS enforcement, and other measures, according to Senate Democrats.
In addition to negotiated drug prices, the Inflation Reduction Act caps out-of-pocket prescription drug costs at $2,000, starting in 2025, for those with Medicare Part D drug plans.
But again, the Inflation Reduction Act won't actually reduce inflation. The Schumer-Manchin deal also appears to violate President Joe Biden's oft-repeated promise not to raise taxes on households ...
In her article “A Prosperous Year for the Inflation Reduction Act,” Ms. Yellen claims that the IRA has improved productivity, which in turn will reduce energy prices and spur economic growth.
The Inflation Reduction Act is not just about reducing energy costs and creating jobs — it’s also about protecting public health and safeguarding our environment.
WASHINGTON (AP) — 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.
House Speaker Nancy Pelosi of Calif., surrounded by House Democrats, signs the Inflation Reduction Act of 2022 during a bill enrollment ceremony on Capitol Hill in Washington, Aug. 12, 2022.