Gerry Juditha

Inflation Reduction Act 2024 Update Date. The inflation reduction act has already spurred a clean energy boom, contributing to more than $360 billion in private sector clean energy announcements since. The inflation reduction act of 2022 includes several provisions to lower prescription drug costs for people with medicare and reduce drug spending by the federal.

His flagship legislation sought to spur america’s green revolution by making hundreds. Taxes are poised to rise under the inflation reduction act, which passed in august 2022, but the increases target very large corporations and the richest americans.