A historically large federal investment towards combating climate change, extending health care subsidies, and capping prescription drug costs are just some of the items in the Inflation Reduction Act (IRA), which was signed into law by President Joe Biden Tuesday, following its passage along party lines in both the Senate (51-50) and House (220-207).
Tag Archives: Inflation
The Inflation Reduction Act’s Impact on Climate Change
The Inflation Reduction Act (IRA) was recently passed by Congress and is now expected to be signed by President Joe Biden. The bill, a key part of the President’s agenda, allots the largest federal clean energy investment in U.S. history.