Biden-Harris Administration's Inflation Reduction Act Tops $1
Nov 14, 2024 · Most of the projects being announced today are funded by President Biden’s Inflation Reduction Act, the nation’s largest-ever investment in combating the climate crisis. Since the start of the Biden-Harris Administration, USDA has invested more than $2.7 billion through REAP in 9,901 renewable energy and energy efficiency improvements.
Statement from President Biden on Medicare’s New $2,000 Cap …
Dec 31, 2024 · This week, we take another step closer to an America where everyone can afford the quality health care they need, as Medicare’s new $2,000 cap on prescription drug costs from my Inflation ...
Biden-Harris Administration Announces Nearly $1.6 Billion in ...
Dec 12, 2024 · WASHINGTON – Today, December 12, the U.S. Environmental Protection Agency announced it has selected 105 applications for the Community Change Grants Program, totaling nearly $1.6 billion in awards to advance local, on-the-ground projects that reduce pollution, increase community climate resilience, and build community capacity. Made possible by President Biden’s Inflation Reduction Act ...
Trump aims at Biden's Inflation Reduction Act: EVs, clean energy …
Dec 20, 2024 · President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and ...
FACT SHEET: Marking One Year of the Inflation Reduction Act
WASHINGTON, DC, August 16, 2023 – One year ago, President Biden signed the Inflation Reduction Act, which makes the largest investment in climate action in history. As a core pillar of Bidenomics and the President’s Investing in America agenda, the law is lowering energy costs, bringing opportunity to communities across America and tackling the climate crisis through investments in ...
FACT SHEET: Two Years In, the Inflation Reduction Act is …
Aug 16, 2024 · Already, the Inflation Reduction Act is transforming American lives by finally beating Big Pharma to negotiate lower prescription drug prices, making the largest investment in clean energy...
Biden-Harris Administration’s Inflation Reduction Act Saves …
Oct 22, 2024 · New findings show that in just the first half of 2024, nearly 1.5 million people hit the new cap on out-of-pocket costs created by the Inflation Reduction Act, saving nearly $1 billion.
Inflation Reduction Act | U.S. Department of the Treasury
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.
IRS announces sweeping effort to restore fairness to tax system …
WASHINGTON — Capitalizing on Inflation Reduction Act funding and following a top-to-bottom review of enforcement efforts, the Internal Revenue Service announced today the start of a sweeping, historic effort to restore fairness in tax compliance by shifting more attention onto high-income earners, partnerships, large corporations and ...
FACT SHEET: One Year In, President Biden’s Inflation Reduction Act …
Aug 16, 2023 · The Inflation Reduction Act raises $300 billion over a decade by requiring large corporations to pay a 15 percent minimum tax on their profits and by enacting a 1 percent excise tax on stock...