Roze Melitta

Cola Increase 2024 Inflation Reduction Act. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that congress has made in the nation’s history. The 2022 inflation reduction act (ira) represents the largest investment in climate action in u.s.

The inflation reduction act of 2022 includes several provisions to lower prescription drug costs for people with medicare and reduce drug spending by the. The inflation reduction act has sparked a manufacturing boom across the u.s., mobilizing tens of billions of dollars of investment, particularly in rural communities.