March 26, 2023 5:46 am

President Biden Signs the Inflation Reduction Act, Landmark Deal Focuses On Health Costs and Climate

A historically large federal investment towards combating climate change, extending health care subsidies, and capping prescription drug costs are just some of the items in the Inflation Reduction Act (IRA), which was signed into law by President Joe Biden Tuesday, following its passage along party lines in both the Senate (51-50) and House (220-207).