On Sept. 6, the Department of Commerce announced a $50 billion plan focused on boosting U.S.-based manufacturing of semiconductor microchips entitled the CHIPS for America program.
Over the next ten years, the Inflation Reduction Act (IRA) will bring in just under $740 billion and invest $433 billion of that back into programs laid out in the bill.
The Inflation Reduction Act of 2022 narrowly passed the Senate on party lines after Vice President Harris cast the tie-breaking vote on August 7th.
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.
Last week, Congress passed the Inflation Reduction Act (IRA) which creates new tax reforms primarily affecting corporations
Last Friday, August 12, the House passed the Inflation Reduction Act (IRA) sending the bill to President Joe Biden’s desk to be signed into law.
The U.S. Senate on Sunday gave final approval to a historic climate and health care package following months of negotiations. Every single Senate Republican voted against it.
A survey of consumers released on Monday by the Federal Reserve Bank of New York found that expectations of inflation in the next few years has declined for the second month in a row.
The three former officials called the bill ‘the most significant piece of climate legislation in United States history.’