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Aug 09 2022
“The U.S. Senate on Sunday passed a sweeping $430 billion bill… aimed at reducing carbon emissions and shifting consumers to green energy, while cutting prescription drug costs for the elderly and tightening enforcement on taxes for corporations and the wealthy.” (Reuters)
The right is critical of the bill, arguing that it will not reduce inflation and that additional spending onThe Flip Side
Aug 17 2022
President Joe Biden signed the Inflation Reduction Act into law today, making it official that the US will spend a historic $370 billion to tackle climate change over the next decade. The extra cash for clean energy, electric vehicles, efficient manufacturing, and pollution cleanup will go a long way to nudging the US closer to sustainable climate targets.
Most of the focus has been onVox
Aug 05 2022
Sen. Kyrsten Sinema (D-Ariz.) said Thursday that she plans to "move forward" with a revised version of Democrats' reconciliation bill after reaching a deal to scale back some of the original tax provisions and beef up climate funding.
Why it matters: Sinema was potentially the last hurdle for Democrats who have been seeking to clinch President Biden's longtime goal of passing anAxios
Jul 29 2022
Make no mistake: the so-called Inflation Reduction Act unveiled Wednesday by Senate Majority Leader Chuck Schumer, (D-NY), and Sen. Joe Manchin, (D-WV), will do nothing that its supporters state — in fact, it will do quite the opposite.
If passed, the act will increase the prices that Americans pay for energy, make the United States less energy-secure, and do absolutely nothing for theThe Daily Signal
Aug 15 2023
One day before the one-year anniversary of the signing of the Inflation Reduction Act, President Joe Biden traveled to Milwaukee to tour a company directly impacted by the sweeping measure. Biden toured Ingeteam Inc., a clean energy manufacturing company that produces wind turbine generators. After the tour, he spoke at length about the act, which is aimed in part at helping industry leadersWisconsin Public Radio
Aug 16 2023
This week marks one year since the Biden White House and congressional Democrats maneuvered the Inflation Reduction Act into law in a narrowly divided Washington.
The IRA is a broad federal spending initiative with a name that gives little clue to what’s inside — pages loaded with climate-minded energy incentives and tax savings for businesses and individuals. Still, its passage,MarketWatch
Aug 13 2022
High drug and health care costs continue to prevent millions of Americans from achieving full health. Nearly 1 in 2 American adults report difficulty affording health care costs. It’s no wonder that voters consistently rank bringing down prescription drug prices and other measures to reduce the cost of care as among Congress’ top priorities.
The Inflation Reduction Act, when passed byCenter For American Progress
Aug 05 2022
Senate Majority Leader Chuck Schumer said the Senate plans to hold its first vote on Aug. 6 on the Inflation Reduction Act, surprising legislation that he and West Virginia Sen. Joe Manchin, a previous holdout, announced on July 27.
The budget reconciliation bill that the two Democratic senators have agreed upon aims, in part, to address inflation as well as to lower health care costsFactCheck.org
Aug 05 2022
Democrats reached a deal with Sen. Kyrsten Sinema (D-Ariz.) on Thursday, securing her commitment to vote for their climate and health care bill in exchange for making several changes to the legislation.
“We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate’s budget reconciliation legislation.HuffPost
Aug 14 2023
The White House announced Vice President Kamala Harris will visit Seattle on Tuesday to speak about the Inflation Reduction Act. During her visit, Vice President Harris will be highlighting the Biden administration's action on climate change, aligning with President Joe Biden's recent efforts in delivering the same environmental message during his swing through western states this past week.Fox 13 Seattle