What Is The Inflation Reduction Act For 2024 In Usa

What Is The Inflation Reduction Act For 2024 In Usa. The inflation reduction act will lower costs for families, combat the climate crisis, reduce the deficit, and finally ask the largest corporations to pay their fair share. Inflation reduction act of 2023.

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. For example, it capped monthly insulin costs at $35 and offered free recommended vaccines.